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Big developer launches US$1 billion fund to buy distressed New York offices

One of New York’s biggest property developers is launching a US$1 billion fund to invest in the city’s distressed office buildings, potentially heralding a. ....

Long Island , New York , United States , Scott Rechler , Craig Snyder , Joshua Chaffin , Pacwest Bancorp , Mortgage Bankers Association , Ares Management ,