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Blackstone defaulted on the $308 million mortgage on its Manhattan office tower more than a year ago and the debt is now up for sale again at a more than 50% discount.

New yorkUnited statesJones lang lasalleRepresentatives for midland loan servicesMorgan stanleyMidland loan servicesUniversity of southern californiaNational bureau of economic researchArt deco styleNew york cityBrokerage jones lang lasalleBig appleSouthern californiaNational bureauEconomic researchBlackstone group