Prime retail space along the Fifth Avenue corridor has been purchased by Vornado Realty Trust for $707 million.

Vornado, which is based in Paramus, N.J., has acquired the remaining retail condominium unit, about 41,000 square feet, at 666 Fifth Ave., between 52nd and 53rd streets. The retail portion was sold by the joint venture of The Carlyle Group, Kushner Companies and Crown Acquisitions and affiliates.