Crain’s New York Business Extell Development has paid $160 million, or $685.74/sf, for the 233,323-square-foot office building at 655 Madison Ave. in Manhattan’s Plaza District. The New York developer acquired the 73-year-old building, at the eastern corner of 60th Street, from Williams Equities and funded its purchase with a $150 million loan from Tyko Capital. […]

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