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Empire State Realty Trust Buying Scholastic Soho Building Tony Malkin is continuing his retail buying spree Malkin’s Empire State Realty Trust is in contract to buy the Scholastic Building in Soho for $386 million, the company announced Tuesday
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Scholastic divests its NYC HQ, Missouri facility for $401M Scholastic (SCHL) will sell its New York headquarters on 555-557 Broadway to Empire State Realty Trust (ESRT), and also its Missouri distribution center to funds managed by affiliates of Fortress