The Financial District shopping district on Broadway saw a 69 percent rise in average asking rents over the last six months versus the same period in 2012 – more growth than any other Manhattan area, according to a fall retail report from the Real Estate Board of New York.
Egypt's Richest Man Buys NYC's Most Expensive Co-op Ever An Egyptian billionaire just smashed the record for the most expensive co-op ever sold in New York City. As expected, the penthouse of 960 Fifth Avenue, owned by the late billionaire Edgar Bronfman, Sr., sold for a whopping $70 million. The Daily News was the first to report the sale, which hit public records this afternoon. The buyer is Nassef Sawiris, the richest man in Egypt,