Simon Baron Development bought its partner’s stake in a 467-unit Long Island City residential complex, the second such transaction for the company in the past two weeks. The company acquired a 96.45 percent stake in rental complex ALTA LIC for $313.2 million, according to records filed city on Monday. The property, at 29-22 Northern Boulevard, is a 43-story building that spans 380,700 square feet. Simon Baron jointly owned the property with its frequent collaborator, Miami […]
source https://therealdeal.com/2018/10/22/simon-baron-pays-313m-for-partners-stake-in-lic-resi-complex/
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