{"id":1004075596,"date":"2013-06-05T11:38:58","date_gmt":"2013-06-05T19:38:58","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004075596"},"modified":"2022-12-05T18:55:30","modified_gmt":"2022-12-06T02:55:30","slug":"crown-highgate-to-buy-nyc-trophy-tower-from-carlyle-group-for-1-3b-2","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/crown-highgate-to-buy-nyc-trophy-tower-from-carlyle-group-for-1-3b-2\/","title":{"rendered":"Crown, Highgate to Buy NYC Trophy Tower from Carlyle Group for $1.3B"},"content":{"rendered":"<div id=\"attachment_1004075597\" style=\"width: 219px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/06\/650-Madison-Avenue-Photo-6-03-131.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004075597\" data-attachment-id=\"1004075597\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/crown-highgate-to-buy-nyc-trophy-tower-from-carlyle-group-for-1-3b-2\/650-madison-avenue-photo-6-03-13-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/06\/650-Madison-Avenue-Photo-6-03-131.jpg\" data-orig-size=\"559,800\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"650-Madison-Avenue-Photo-6-03-13\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;A joint venture between New York-based retail developer Crown Acquisitions and Highgate Holdings has acquired the trophy 27-story glass and steel office and retail tower at 650 Madison Ave., for $1.3 billion from global alternative asset manager The Carlyle Group.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/06\/650-Madison-Avenue-Photo-6-03-131.jpg?w=559\" class=\"size-medium wp-image-1004075597\" title=\"650-Madison-Avenue-Photo-6-03-13\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/06\/650-Madison-Avenue-Photo-6-03-131.jpg\" alt=\"\" width=\"209\" height=\"300\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/06\/650-Madison-Avenue-Photo-6-03-131.jpg 559w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/06\/650-Madison-Avenue-Photo-6-03-131.jpg?resize=210,300 210w\" sizes=\"auto, (max-width: 209px) 100vw, 209px\" \/><\/a><p id=\"caption-attachment-1004075597\" class=\"wp-caption-text\">A joint venture between New York-based retail developer Crown Acquisitions and Highgate Holdings has acquired the trophy 27-story glass and steel office and retail tower at 650 Madison Ave., for $1.3 billion from global alternative asset manager The Carlyle Group.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":952,"featured_media":1004075597,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21782,21783,21785],"tags":[],"class_list":["post-1004075596","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-development","category-investment","category-property-management"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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