The transaction hasn't closed yet, Bloomberg reports, citing anonymous sources, but it would mark Blackstone's first noteworthy deal in roughly three years.
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Stephen A. Schwarzman-led Blackstone also signed the largest Manhattan office lease of 2024 at Rudin’s 345 Park Ave.
The sprawling transit agency’s much talked about, multi-year, major-projects plan almost always takes a winding route to the finish line.
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