Crains NY Business – 2 Park Sale

August 07, 2006

L&L Holding Co. and partner General Electric Pension Trust are buying 2 Park Ave., between East 32nd and East 33rd streets, for an undisclosed amount. RMB Properties represented the buyers on the deal, which has yet to close. In addition, L&L Holding has partnered with Lehman Brothers to acquire from the Goelet family an 85-year ground lease for 425 Park Ave., between East 55th and East 56th streets. CB Richard Ellis represented the buyers.

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