Wednesday 20 November 2019

Large, low-key landlord snags UWS building for $100M+

One of the city’s “silent giant” landlords is starting to get busy. The Olnick Organization, which owns thousands of rental apartments and more than 1 million square feet of commercial space across the tri-state area, closed earlier this week on the purchase of a 125-unit multifamily building on the Upper West Side for more than $100 million, sources told The Real Deal. The family firm, which began in the 1940s, paid $106.4 million to buy



source https://therealdeal.com/2019/11/20/large-low-key-landlord-snags-uws-building-for-100m/

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