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NEW YORK CITY-Sealing a deal that was announced last month, the board of commissioners at the Port Authority of New York and New Jersey approved the sale of a minority equity stake in 1 World Trade Center to the Durst Organization. The family-run owner/developer, which opened the Bank of America Tower at 1 Bryant Park in Midtown this past spring, will take over leasing, tenant fit-out and management at the 2.6-million-square-foot office tower under the agreement approved Thursday.


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