1.) Rybak Development picked up a pair of East Village buildings for $11.5 million at an auction. The properties, at 24 1st Avenue and 99 East 2nd Street, contain a total of two apartments and three commercial units. The two contiguous buildings previously housed drag venue Lucky Cheng’s, which closed down after its owner, Hayne Suthon, died of cancer in 2014. The seller, Uriel Marrache, previously listed the buildings for $26 million, but was at […]
source https://therealdeal.com/2018/04/17/heres-what-the-10m-20m-investment-sales-market-looked-like-last-week-19/
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