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Winthrop Realty affiliates strike deal to sell NYC asset for $1.53B

Winthrop Realty Liquidating Trust affiliates struck a deal with 20 TSQ Owner Mezz LLC to sell a property at 701 7th Ave. in New York City for $1.53 billion.

The buyer is an affiliate of an indirect member of the sellers.

The deal is expected to close by April 30.