Monday 3 June 2019

Clipper Equity plans $204M conversion of UWS rental

David Bistricer’s Clipper Equity wants to convert a large portion of an Upper West Side rental building into condominiums — with a projected sellout of nearly $204 million. The Brooklyn-based real estate firm filed plans last month with the New York State Attorney General’s office to convert the majority of units in the Brewster, a 153-unit building at 21 West 86th Street, into 108 condos. The projected sellout works out to around $1.9 million per […]



source https://therealdeal.com/2019/06/03/clipper-equity-plans-204m-conversion-of-uws-rental/

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