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May 2020

May 2020 » Market Analysis » NYC Buildings For Sale

May 2020 New York Buildings For Sale

Buildings Sold:

Jonathan Rose Companies bought a large affordable-housing apartment building on the Upper West Side for $94 million. The Midtown-based company paid $93.83 million to buy the 217-unit Tower West building at 65 West 96th Street from the Starrett Corporation.

Habib American Bank acquired the organization’s building at 150 East 45th Street for $28.25 million.

The Children’s Aid Society sold its Midtown headquarters, as the nonprofit organization relocates to a property it purchased in Harlem.

RedSky acquired the site for $83.5 million in 2009, and filed plans for a 40-story apartment building with 470 rental units in 2018. Seven Valleys Capital, a lending business founded by Chinese real estate moguls Zhang Xin and Pan Shiyi, provided a $57.5 million refinancing that year.
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