The Promote Elliott Investment Management has partnered with RXR Realty Corp. for its roughly $1.1 billion, or $1,000/sf, purchase of the 1.1 million-square-foot office building at 590 Madison Ave. in midtown Manhattan. The venture is buying the 41-story building from State Teachers Retirement System of Ohio in a deal arranged by Eastdil Secured. The property was […]

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