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Witkoff expects new Times Square project will net $50M annually: PHOTOS

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Steve Witkoff
Real estate developer Steven Witkoff said the retail portion of 701 Seventh Avenue would bring in about $50 million a year in rent and signage. "I believe the rental numbers in Times Square will far outstrip rents on Fifth Avenue," Witkoff said during a speech at the Schulte Roth & Zabel Bridging the Gap commercial lending forum, held today at the New York City Bar Association in Midtown. [more]

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