According to Lois Weiss at the Post, this properties are:
• 267 E. 10th St.
• 435 E. 9th St.
• 311 E. 11th St. (Huh? This is the nice new Village Green Building)
• 311 E. 6th St.
Another building in the portfolio — at 99 E. 7th St. — will close next month, Weiss reported.
On Aug. 22, The New York Times reported that demand for and sales of walk-up buildings have "reached new highs recently." Per the article:
With rents rising, the fact that many Manhattan walk-up buildings have tenants with rent-regulated apartments offers landlords the possibility of a very large increase in profits when these units are deregulated and shift to market rates. There is also upside potential to raise rents in the market rate units if landlords renovate a walk-up building, many of which have not been modernized in decades.
[Image via Wikipedia]
