The Real Deal New York

From the archives: Behind the record deal for 666 Fifth Avenue

How the $1.8 billion buy of 666 Fifth Ave. went down
March 14, 2015 01:00PM

It’s a testament to the state of the commercial market that Jared Kushner made his first call about buying the gleaming skyscraper at 666 Fifth Avenue, which would set a record for the priciest single building purchase in U.S. history, before it was even put up for sale.

Clearly, when it comes to landing premium New York City real estate, you can’t be too early or too aggressive. That’s something the 26-year-old scion of New Jersey’s most prominent real estate family learned firsthand by failing to win some of the other blockbuster deals of 2006. Read the full article from the March 2007 issue after the jump.