NEW YORK CITY-Real estate scion William Macklowe, who left Macklowe Properties this past summer to form his own company, is about to close on his first acquisition since launching the William Macklowe Co. The Wall Street Journal reported Monday that a partnership of WMC and ING Clarion Partners is paying $45.2 million for 636 Ave. of the Americas, a 90,000-square-foot mixed-use property in Midtown South.
According to the WSJ, the younger Macklowe plans to add value to the six-story property at the corner of 19th Street, redoing the lobby, fa
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Paul Bubny
Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.
