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Blackstone nears major deal for NYC office tower in latest sign of post-COVID real estate comeback

Blackstone, the world’s largest alternative asset management firm, is all-in on Manhattan’s turnaround after the COVID pandemic crippled the commercial real estate market. The firm’s effort to buy 1345 Sixth Ave. from Fisher Brothers was widely hailed this week as a stroke of faith in the Manhattan office market — but it wasn’t the first mega-deal by the financial giant. Last summer, Stephen A. Schwarzman-led Blackstone also signed the largest…
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