A Carlyle Group-managed fund agreed to pay $284 million for a 45-story luxury tower in Long Island City, in what is expected to be the borough’s most expensive deal ever for a rental building. The fund is purchasing 1 QPS Tower, according to the Wall Street Journal. The building at 42-20 24th Street contains 391 market-rate apartments and is between 98 and 99 percent occupied. Carlyle is buying it from a joint venture that includes […]
source https://therealdeal.com/2018/08/23/carlyle-group-fund-could-break-queens-record-with-lic-rental-tower-deal/
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