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Acquisitions

Real Estate Roundup 7.22.19

Investment management firm Axioma has signed a long-term 30,000 SF lease at RFR’s 17 State Street. The 42-story office tower is located at the corner of State and Pearl Streets in the Financial District. Asking rent in the building is $72 per SF. (CO)

Blackstone Group LP is talking with prospective buyers for some of the warehouses it will amass as part of an $18.7 billion acquisition agreed to last month with GLP… This reminds us of the aftermath of the Equity Office Properties Trust deal in 2007. (Bloomberg)

Splash cash: New York renters pay top dollar for access to pricey rooftop pools. (NYPost)

Luxury department store Barneys is exploring restructuring options that could include filing for bankruptcy as it struggles to keep up with higher rent and adapt to changing consumer habits. (Bloomberg)

Cesar Pelli, who designed some of the world’s most recognizable buildings, died on Friday. His work included the cluster of towers making up Brookfield Place at Battery Park City; the Pacific Design Center in Los Angeles, known for its bright blue glass facade; and the Ronald Reagan National Airport outside Washington. (NYTimes)

Boys’ Club sells East Village space to unlikely buyer. (Crain’s)

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