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Related poised to develop skyscraper at Prada’s Fifth Ave building: report
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Related Companies in Talks to Build Prada Tower in Manhattan
Less than two years after buying 720-724 Fifth Avenue from deal maestro Jeff Sutton for $835 million, fashion giant Prada is nearing an agreement with Related to build a skyscraper that could be connected to, and use amenities at, the adjacent Aman hotel and residences, sources tell Commercial Observer. Earlier this year, Prada hired JLL to run a request for proposals process for a development partner. “They went to the who’s who of the develop…
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