Related knows a thing or two about property values on Manhattan's west side. The developer has been stockpiling sites in the neighborhood for several years, and they just made a pretty penny on the sale of an office building at 511-541 West 25th Street. Related bought it just two years ago for $93M, and as expected, they sold it for $160M70 percent more than what they paidto L&L Holding Co. and Prudential. [Crain's; previously]
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