NEW YORK CITY-The Kushner Cos. has closed on the acquisition of 666 Fifth Ave. Tishman Speyer Properties LP sold the 1.6-million-sf building for $1.8 billion, setting a city record for a class A office sale.

“We’re pleased to expand the Kushner portfolio in Manhattan with the addition of such a unique asset,” says principal Jared Kushner, in a statement. “We are very bullish on New York real estate, and we are confident that 666 Fifth has great upside potential. We identified a premier building with the highest quality office configuration and one of the best retail boxes in the world.”

The sale factors out to about $1,200 per sf , which is double the previous record set in May 2005 when Tishman Speyer bought the MetLife Building for $1.72 billion.

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