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Blackstone Is Close to Signing Possibly New York’s Biggest Office Transaction in a Decade

Investment Giant in Talks To Buy 49% Stake in One Manhattan West for $2.85 Billion
Blackstone is close to buying a 49% stake in One Manhattan West for $2.85 billion. (James Hooker/CoStar)
Blackstone is close to buying a 49% stake in One Manhattan West for $2.85 billion. (James Hooker/CoStar)
CoStar News
December 17, 2021 | 9:54 P.M.

In the latest show of confidence for New York’s pandemic-battered office market, global investment giant Blackstone is close to inking what could be New York’s largest office transaction in at least a decade: buying a 49% stake in One Manhattan West for $2.85 billion.

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