NYC multifamily sales make comeback in March

(credit: Ariel Property Advisors) The New York City multifamily market made a strong comeback in March after sluggish sales in February, according to the latest report from Ariel Property Advisors. Dollar volume pushed above $1 billion after falling below the threshold in the previous month. Gross sales reached nearly $1.6 billion in March, an 86 […]

Friedlands buy pair of UES rental buildings for $53M

1104 Lexington Avenue on the Upper East Side (inset, from left: William and Rick Friedland) Friedland Properties picked up a pair of Upper East Side rental buildings for $52.6 million, according to property records filed with the city Monday. The adjacent six-story properties at 1104 Lexington Avenue and 138 East 78th Street collectively hold 20 […]