Chera and Oxford team up for $652m stake in Olympic Tower

Olympic Tower, New York

Crown Acquisitions, the company founded by New York real estate developer Stanley Chera, and Oxford Properties have bought a $652m (£426.6m) stake in the Olympic Tower, giving the partners outright ownership of the building on New York’s Fifth Avenue.

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now