Brookfield Buys 99-Year Lease at 666 Fifth Ave. From Kushner Cos

(Bloomberg) -- Brookfield Asset Management acquired a 100% leasehold interest in 666 Fifth Avenue’s office condo.

• Terms not disclosed
• Brookfield will operate the building and plans a "major redevelopment program" to upgrade it
• Term of lease will be 99 years

To contact the reporter on this story: Meghan Genovese in Los Angeles at mgenovese@bloomberg.net

To contact the editor responsible for this story: Lauren Berry at lberry4@bloomberg.net

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