Friday 22 February 2019

Ponte Equities bought 15 condos at Related’s 70 Vestry. But what will the firm do with them?

Related Company’s 70 Vestry Street luxury condominium just scored another high-profile sale. But this time the buyer is the site’s former landowner and one of Related’s partners. The developer of the Tribeca luxury property has sold 15 residential units to Ponte Equities for about $36.7 million, which prices out to roughly $2.45 million per unit, according to a public document recorded this week with the city’s finance department. The units are spread out on floors […]



source https://therealdeal.com/2019/02/22/ponte-equities-bought-15-condos-at-relateds-70-vestry-but-what-will-the-firm-do-with-them/

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