Yellowstone Real Estate forked over a mere $185 million a major haircut from the $420 million the famed Mutual of New York tower fetched a decade ago to purchase the remaining debt on the near-empty office building now simply called 1740 Broadway, according city Department of Finance records.
It comes just a week after Shorenstein put the 62-storey Aon Center in Los Angeles on the market for $153.5 million, down from the $269 million it paid ten years ago