[caption id="attachment_220880" align="alignright" width="212"]![]( "adamspiesnicke")
Adam Spies, 1466 Broadway[/caption]
Invesco has purchased the vast majority stake in the retail condominium at 1466 Broadway for $195.8 million, city records show. Crown Acquisitions and Highgate Holdings will continue to hold minority stakes of the Times Square property, with Crown continuing to operate a part of the retail space, The Real Deal has learned. As Crain’s reported last week, Walton Street Capital sold its majority stake to Invesco for upwards of $100 million. Crown Acquisitions was part of an investment group that purchased the property, and then sold the upper portion of the building to Highgate Holdings. [more]![]()
![]()
Adam Spies, 1466 Broadway[/caption]
Invesco has purchased the vast majority stake in the retail condominium at 1466 Broadway for $195.8 million, city records show. Crown Acquisitions and Highgate Holdings will continue to hold minority stakes of the Times Square property, with Crown continuing to operate a part of the retail space, The Real Deal has learned. As Crain’s reported last week, Walton Street Capital sold its majority stake to Invesco for upwards of $100 million. Crown Acquisitions was part of an investment group that purchased the property, and then sold the upper portion of the building to Highgate Holdings. [more]