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Home Real Estate

Saudi Fund Partners With Related for Proposed Manhattan Office Tower

July 17, 2025
in Real Estate
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Saudi Fund Partners With Related for Proposed Manhattan Office Tower
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Saudi Arabia’s authorities fund is partnering with Associated Firms to amass a two-thirds stake in a website at 625 Madison Ave. in Manhattan, the place a brand new skyscraper is deliberate. The entire price for the positioning and its improvement is projected to exceed $1 billion, in accordance with sources acquainted with the deal. The fund has already invested $200 million into the mission, though its last contribution remains to be being decided.

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