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New York

Trump bought site of landmark deal 20 years ago

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Fresh details about the largest residential sale in New York City history are out. On Wednesday, the news broke that Donald Trump and a group of Hong Kong investors are selling a 77-acre site on the West Side to the Carlyle Group and Extell Development Corporation for a record $1.8 billion. Trump apparently bought the land in 1985 for $82 million. Carlyle and Extell are planning to build 3,000 apartments on the site between 59th and 72nd streets. more [MSNBC]