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Blackstone boosts footprint at 345 Park Ave.

Blackstone’s impending deal to expand its global headquarters, Rudin Management, by 250,000 square feet at 345 Park Avenue, is a sign of strength on two playing fields: Park Avenue and the world. Blackstone, the powerful asset manager led by Stephen Schwarzman, is the world’s largest owner of commercial real estate. Continued expansion in the face […]

Blackstone set to purchase Tropical Smoothie Cafe for nearly $2 billion

Former U.S. International Trade Commission Secretary Peter Morisi accused President Biden of being “out of touch” with Defense Secretary Lloyd Austin as the U.S. Navy continues its engagement in Yemen. New York City-based private equity firm Blackstone announced Wednesday that it has entered into a deal to acquire Tropical Smoothie Cafe for $2 billion. Blackstone […]