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Published 2 years ago

Aby Rosen Taps Penske Media for 475 Fifth Avenue Purchase

Summary by The Real Deal
Aby Rosen closed the book on his latest office deal with help from an unlikely source. Rosen’s RFR Holding teamed up with Variety and Rolling Stone publisher Penske Media Corporation to finalize his $290 million purchase of 475 Fifth Avenue, where the glossy magazine company has its headquarters. Penske Media contributed 50 percent of the equity in the partnership, a source familiar with the purchase told The Real Deal.

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