Rechler Said to Buying 49% of New York’s Worldwide Plaza
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Developer Scott Rechler’s RXR Realty agreed to buy a 49 percent stake in Manhattan’s Worldwide Plaza for about $660 million, more than its owners paid for the entire office tower in 2009, said two people briefed on the deal.
The agreement gives RXR an option to buy the rest of the West Side property, said one of the people, who asked not to be identified because the negotiations are private. The owners are a partnership led by New York-based George Comfort & Sons.