An investor with ties to a now-jailed oil magnate and some of New York’s priciest pads appears to have sealed the deal on an equity trade in Ben Shaoul’s condo conversion in Gramercy Park with 10 condos. In late June, as a surge of closings ripped through the city ahead of a new set of taxes on residential real estate going into effect, 10 sponsor units traded at Shaoul’s Magnum Real Estate-developed building 385 First […]
source https://therealdeal.com/2019/07/22/investor-linked-to-detained-chinese-oil-tycoon-snaps-up-10-condos-at-ben-shaouls-gramercy-park-tower/
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