David Werner is in contract to buy roughly 40 percent of 237 Park Avenue, valuing the Grand Central-area office building at $1.25 billion. Werner put together a syndicate of investors to buy a stake from owners RXR Realty and Walton Street Capital, sources told The Real Deal. Scott Rechler’s RXR Realty and Walton Street – the Chicago-based real estate private equity firm – will retain the remaining 60 percent ownership stake in the building, according […]
source https://therealdeal.com/2019/01/23/david-werner-in-contract-to-buy-40-stake-in-237-park-ave/
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