99 Park Ave sells for $100M.99 Park Ave AVE Avenue AVE Average AVE Alta Velocidad Espanola (train between Madrid and Seville) AVE Alta Velocidad Española (Spanish: High Speed Train) AVE Audio Video Entertainment AVE Advertising Value Equivalent sells for $100M A private investor group has purchased 99 Park Avenue from the Equitable Life Equitable Life may refer to:
Equitable's pooled pension, fund, the $3.4 billion Prime Property Fund, has purchased the 26-story MID town building at the bottom of the market in 1977 for $20 million. "It has an excellent location at 40th and Park," said Equitable equitable adj. 1) just, based on fairness and not legal technicalities. 2) refers to positive remedies (orders to do something, not money damages) employed by the courts to solve disputes or give relief. (See: equity) EQUITABLE. spokesman Jonathan D. Miller, "so it commanded a very solid price for a leased property. We're very happy." Equitable's management arm, Compass Management and Leasing, will continue the management of the property, Miller said. |
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