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Appraised Value of Sutton’s 599 Fifth Avenue Retail Property Drops 80%

Jeff Sutton’s 599 Fifth Avenue retail property has seen its valuation slashed by 80% following a recent appraisal.

By Colin Percy · May 26, 2026

The valuation of Jeff Sutton’s retail property located at 599 Fifth Avenue in Manhattan has been reduced by 80 percent, according to a recent appraisal. The significant decrease underscores ongoing valuation challenges for prime retail assets in New York City.

Companies mentioned

owner

Jeff Sutton

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