Tuesday 28 April 2020

Former Andy Warhol nightclub sold to UBS for $35M

UBS Realty Investors has purchased the former home of Andy Warhol’s Electric Circus nightclub in the East Village for about $35 million. The firm bought 19-23 St. Mark’s Place from Cape Advisors, according to property records. In 2003 Cape Advisors had finished developing the property, which is eight stories tall and has 41 apartments, according to the company’s website. Recent units have rented for between $2,700 for a studio and $18,000 for a three-bedroom penthouse,



source https://therealdeal.com/2020/04/28/former-andy-warhol-nightclub-sold-to-ubs-for-35m/

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