Blackstone said to be selling NYC skyscraper for $640m

Blackstone said to be selling NYC skyscraper for $640m

Pedestrians are reflected on glass in front of Blackstone Group LP headquarters in New York, U.S., on Friday, April 14, 2017. Photographer: Victor J. Blue/Bloomberg

Blackstone Group LP agreed to sell a Manhattan skyscraper for $640 million to a New York-based real estate investment firm, according to a person with knowledge of the transaction, another sign that commercial deals in the borough may be starting to pick up.

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