Caspi Development and its partners sold two Bowery office buildings to national developer and landlord Marx Realty for a combined total of $48 million. The properties are located one block away from one another at 135 and 161 Bowery on the Lower East Side and were owned by a joint venture including Caspi, RWN Real Estate Partners and Artemis Real Estate Partners. A fourth company, Ultimate Realty, had a stake in 161 Bowery. The owners […]
source https://therealdeal.com/2018/09/04/why-caspi-development-and-partners-double-barreled-office-sale-could-mean-higher-rents-for-the-les/
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