Jeff Sutton, a prominent New York City real estate entrepreneur, has sold 717 Fifth Avenue to luxury brand Gucci for $963 million, a deal that’s caught the eye of former president and real estate mogul Donald Trump. Trump, whose own real estate holdings include the Trump Tower less than six […]
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More trouble awaits the commercial real estate market next year, and it comes down to weak growth and high interest rates that will push property values down even further, according to a new report. Commercial real estate property values will fall another 10% next year, after falling 11% this year, […]
