RXR Acquires Iconic Manhattan Tower for $1.1 Billion
RXR has acquired the landmark 590 Madison Avenue office tower in Manhattan’s prestigious Plaza District for nearly $1.1 billion, according to Bloomberg and other media reports. The transaction marks the most expensive office building sale in Manhattan since 2022 and underscores renewed confidence in prime commercial real estate. The 42-story tower—often referred to as the […]
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