Wednesday, 19 February 2020

ELO to buy Isaac Chetrit Diamond District building for $115M

The ELO Organization is in contract to purchase Isaac Chetrit’s Diamond District building at 15 West 47th Street for $115 million, according to sources familiar with the deal. The property is 18 stories and spans 120,790 square feet, according to city records. Chetrit and his partner the Sioni Group bought it in 2012 for $62.5 million and had been looking to sell it since at least 2017. Avi Ben-Ishay brokered the off-market transaction for the



source https://therealdeal.com/2020/02/19/elo-to-buy-isaac-chetrit-diamond-district-building-for-115m/

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