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Tower Watch

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A few months after the Qatar government dropped $100M on a commercial UES house, another Qatari entity may be making a big move in the New York real estate world. The Qatar Investment Authority is in talks with Vornado to help finance the developer's under-construction tower at 220 Central Park South. Vornado has reportedly spent $510 million on the project (does that include the $194M they had to pay Extell?), and the "hundreds of millions of dollars" from the Qatar fund would stop them from spending any more of their own money. [WSJ]

220 Central Park South

220 Central Park South, New York, NY