A partnership between New York real estate investment firm Vantage Properties and Philadelphia private equity firm Lubert-Adler went into contract last week to buy Rego Park's largest apartment building for about $75 million, a source close to the deal said. The property, known as Saxon Hall, is in contract for $180,000 per unit.
That's 417 hanging junkyards, folks.
Big Rego Park apartment building selling for $75 million
1 comment:
Soviet architecture at capitalist prices!
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