RXR Realty is buying a major stake in 1211 Avenue of the Americas, which is where RupertMurdoch's media empire ... will invest $300 million into the office asset and be responsible for 49 ...
It was the first time many Americans saw Rupert Murdoch using his news outlets to advance his interests — and a lesson in how a media mogul's outside financial ties can taint the editorial product.
New York landlord RXR purchased a 49% stake in Manhattan’s 1211 Avenue of the Americas, the office building that houses the headquarters of RupertMurdoch’s News Corp. RXR bought the stake ...