NEW YORK CITY-Norman Sturner of Murray Hill Properties has inked two contracts. He paid about $32 million to purchase the 509 Fifth Ave. building from Joseph Moinian.
Sturner has also inked a contract to trade 1412 Broadway for an amount of $150 million to Norfolk, VA-based Harbor Group International. The Broadway building is currently 84% occupied. The sale will be closed towards the end of this year. For the full story, go to New York Post.
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