... Deal has learned. Town Residential will be marketing the condos, through its Town New Development division. The Fairfield, Conn.-based Ceruzzi and SMI, otherwise known as Shanghai Municipal Investment, paid Joseph Sitt's Thor Equities $325 million ...
via http://therealdeal.com/blog/2015/08/19/ceruzzi-chinese-partner-plan-1b-condo-project-at-520-fifth-ave/
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