Fisher Brothers is turning to the Israeli bond market to buy out JPMorgan Asset Management’s stake in 605 Third Avenue. The New York-based developer is seeking to raise about $100 million on the Israeli bond market as unsecured bonds. A British Virgin Islands company tied to Fisher Brothers filed a prospectus on the Tel Aviv Stock Exchange on Aug. 13, detailing its offering to prospective investors. Fisher Brothers will use a portion of the proceeds to purchase JPMorgan’s stake in the 43-story, 1 million-square-foot tower. JPMorgan last month listed its 49 percent interest in the building, seeking a valuation of […]

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