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New York

417 Fifth buyer is identified as Carlos Slim Helu

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Carlos Slim Helu, the richest man in the world, is the foreign buyer
that was yesterday reported as in contract to buy 417 Fifth Avenue for $140 million, or $343 per square foot, a
source told the Observer. The 408,000-square-foot office tower was
purchased for $250 million by the Moinian Group and Goldman Sachs just
three years ago. It is currently 96 percent leased, but 25 percent of
the leases expire within the next two years. [NYO]

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Goldman SachsJoseph MoinianMoinian Group