Paramount sells 670 Broadway for more than $130M

Paramount Group’s on-again, off-again effort to sell 670 Broadway has finally ended in a deal. The German company Cara Investment GMBH paid $130.5 million for the property, according to records filed with the city. The real estate investment trust spent several months in 2017 trying to sell the property for about $160 million, and brought the building back to market last year. Paramount bought the property, which is also known as 0 Bond Street, back […]

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