“The New Jersey Gold Coast is a national, and perhaps international, success story,” says Jacky He, head of operations for DMG Investments.
Built in the early 1930s, Hinchliffe Stadium, one of the last remaining Negro League ballparks and a later site for high school sports, has been vacant for more than two decades and has suffered extensive neglect and deterioration.
Blackstone has also agreed to buy Australia’s Investa Office Fund for $2.3 billion.
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