Extell Development just scooped up another low-rise apartment building in Yorkville, across the street from its 20-story condominium project. The Gary Barnett-led firm shelled out $16 million for 1637 First Avenue, a four-story, 16-unit building, records show. The seller was the Hakim Organization, which had owned the property since 1998. The low-rise property is one of five adjacent apartment buildings on the north side of 86th Street that Extell has collected, with plans to transfer […]
source https://therealdeal.com/2018/04/11/extell-snags-building-next-to-ues-dev-site/
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