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Wednesday, July 8, 2015

Witkoff closes on $229M Chinese investment for 111 Murray

Witkoff, Fisher Brothers and Howard Lorber closed on a major investment deal with a Chinese asset manager for their luxury condo project 111 Murray Street. Taiping Asset Management, a subsidiary of Chinese Insurance International Holdings, dished out $229 million for an equity stake in the planned Tribeca tower, according to public documents .
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