RXR Acquiring Interest in 340 Madison
Real Estate News From CoStar Group
RXR Realty is under contract to purchase a 49 percent stake in 340 Madison in Manhattan from D.E. Shaw Group. The real estate firm is paying $279.3 million, based on a property valuation of $570 million.
RXR is expected to assume day-to-day management...
Source: National Commercial Real Estate News From CoStar Group