NEW YORK CITY-According a familiar source, the Chera family's Crown Acquisitions and Norman Sturner's Murray Hill Properties are purchasing a 500,000-square-foot tower located at 530 Fifth Avenue from Joseph Moinian and Joseph Chetrit. However, other details of the deal are yet to be known.
The building, built in 1956, is leased to Massachusetts Mutual Life Insurance and JPMorgan Chase. Syms/Filene's, Fossil and Lenscrafter are some of the retail tenants of the building. For the full story, go to New York Post .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
