New York’s biggest commercial landlord hit record highs in 2018

Brookfield Asset Management, which gobbled up Forest City Realty Trust, General Growth Properties and Kushner Companies’ 666 Fifth Avenue is en route to becoming New York’s largest commercial landlord, had a record year in 2018. The Toronto-based alternative asset manager generated $7.5 billion of net income last year, a record for the firm, which reported its year-end results on Thursday. Last year, Brookfield’s net income was about $4.6 billion, marking a 65 percent increase in […]

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