This was the largest office deal in Manhattan last month.

The $288 million fetched represents the cornerstone's close.

Blackstone Digital Infrastructure Trust plans to target newly constructed data center acquisitions in the $250 million to $1.5 billion value range.

Affordability constraints continue in the area.

It comes as the AI firm's lease at 155 Avenue of the Americas may expire this year.

Even as deliveries slowed, the first quarter was a weak period for the market.

The focus will be on high-quality assets.

The property is owned by a joint venture consisting of Midwood Investment & Development Inc., Marx Realty and Oestreicher Properties.