Reubens Bros.’ Madison Ave shopping spree tops mid-market deals

The Reuben brothers extended their Madison Avenue buying spree last week, scooping up two properties with 130 feet of frontage along the beleaguered shopping corridor for a total of $50 million. No financing documents were recorded with the purchases, suggesting all-cash deals. One of the properties was among five that seller Vornado Realty Trust recently said had been losing money due to a meager 30 percent occupancy rate. Dependent on foot traffic from emptied Midtown