A residential portfolio in Brooklyn and Queens owned by the LeFrak family is in contract to sell for $250 million, two sources said. The portfolio, dubbed the Kings and Queens portfolio, consists of about 2,000 apartments. LeFraks Selling Brooklyn, Queens Portfolio for $250 M.
The LeFraks have been a city landlord since 1901, and have built more than 250,000 apartments, including LeFrak City, the Queens complex with more than 5,000 units.
What will they call it now?
Photo from Forgotten-NY.com
4 comments:
When the hell did Lefrak become Le Frak?
Are they ashamed of their ethnic roots in trying to French-ify their family name?
Oh excuse me.....Le Frak looks, preferablely, more "cultural" on Queens College's "Le Frak Center For The Performing Arts" .....I guess!
What a bunch!
LeFrak City is a mess. That is not really a lot of money for that much property.
After 40 years, I bet its all run down.
Just think how long the current Queens Crap, even more cheaply built, will last? 15-20 years?
"Lefrak", "Le Frak" - it doesn't matter, it's really "Le FREAK"
George....maybe it's really Le F- -k!
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