Stephen A. Schwarzman-led Blackstone also signed the largest Manhattan office lease of 2024 at Rudin’s 345 Park Ave.
To attract more wealthy transplants, the developer has lured the Cleveland Clinic, Vanderbilt University, and now a private K-12 to the area.
Blackstone, a major global investor in data centers that run A.I. systems, expects use of the technology to rise as the cost of computing power falls.
It’s been three years since Blackstone’s last big move in Manhattan’s office market. In 2022, the company acquired a 49 ...
Developer Kevin Smith sees saving the Studebaker Administration Building as opening a "gateway" into South Bend for those entering from the south.