Munich Re scoops up Park Avenue tower in $500M-plus deal
The struggling office building sales market received a $500 million gift, not from Santa but from the world's largest reinsurance company. Munich Re has quietly acquired joint venture partner Mutual of America at 320 Park Avenue, a 760,000-square-foot tower between East 50th and 51st Streets, The Post has learned. Ta. Munich Re previously owned 25% […]