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Barry Sternlicht’s LNR Sells Scribner Building to Aurora Capital for $54M

April 7, 2026
Commercial Observer
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Two years after taking back the keys from Thor Equities, LNR Partners has sold 597-599 Fifth Avenue for 54 million. Robert Cayre’s Aurora Capital purchased the properties, which includes the 12-story Scribner Building, according to property records. The last known valuation of 597 Fifth was about 84 million when Starwood Property Trust foreclosed on the []

Commercial Observer
Commercial Observer

Coverage and analysis from United States of America. All insights are generated by our AI narrative analysis engine.

United States of America
Bias: Unknown
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