Blackstone looks to sell Park Ave. Tower for $800m
The Blackstone Group is looking to sell its Park Avenue Tower for more than $800 million, reported The Real Deal.
Blackstone subsidiary EQ Office put the 622,000-square-foot office building at 65 East 55th Street on the market with a team of brokers at Eastdil Secured.
It has invested $120 million in renovations.
Equity Office purchased the 36-story tower in 2014 for $750 million.