Brief
Fifth Avenue Office Tower With Links to Iran Finds New Ownership
A newly established nonprofit has taken control of the 36-story office tower at 650 Fifth Avenue from its Iran-linked former owners in a multistage transfer. The high-profile acquisition, announced in
Summary
A newly established nonprofit has taken control of the 36-story office tower at 650 Fifth Avenue from its Iran-linked former owners in a multistage transfer.
The high-profile acquisition, announced in March and recorded on Monday, concludes nearly two decades of legal battles between the former owners and the U.
S. government. The acquisition is part of […]
Source
- Commercial Observercommercialobserver.com
