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Donald Trump Close Another $1.7 Bn Land Deal

Donald Trump has signed a $1.7 billion deal for a land situated on the upper West Side

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21st of June 2005, 23:27 GMT

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Carlyle Group and Extell Development have signed deal for three apartment buildings and a land strip on the upper West Side from
a group of investors from Hong Kong and Donald trump. The deal is worth $1.76 billion.

The 1,325 apartment units of a bout 1.06 million square feet and the 40.000 square feet of retail space are soon to be resold for $816 million.

The new buyer is the Chicago-based Equity Residential.

59th and 65th streets, West End Avenue and Riverside Blvd., bound the land which Donald trump has closed the deal for.
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