Deals, debt and Epstein’s ties to the industry
The conversation around the horrific misdeeds of Jeffrey Epstein appears to be neverending as more revelations continue to drip out, including his connection to real estate. More on that in a bit. But in business news there was a deal this week you probably won’t read about at book fairs across the country. Tony Malkin’s Empire State Realty Trust is in contract to buy the Scholastic Building in Soho for $386 million, the company announced Tuesday. The publisher owns the building at 555-557 Broadway and leases the majority of the space, which includes 368,000 square feet of office and 28,000 […]
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