Wednesday, August 2, 2017

244-46 E. 7th St. has a new owner

Slate Property Group is reportedly the new owner of 244-46 E. Seventh St., a 24-unit building between Avenue C and Avenue D.

According to The Real Deal, Slate paid $11.9 million for the property, previously owned by East Noho Corp. It last changed hands in 1975 for an undisclosed price.

Per TRD: "Ten of the units ... are rent regulated, down from 14 in 2010."

Slate made headlines in 2015 for buying the Rivington House for condo conversion while the deed restriction was still in place.

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