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HFF Closes $123 Million Sale of Two Class A Apartment Buildings in Manhattan's Gramercy Park

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Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has brokered the sale of 210 and 220 East 22nd Street, two adjacent mid-rise apartment buildings totaling 208 units in Manhattan’s Gramercy Park neighborhood. HFF marketed the properties on behalf of the seller, a joint venture between Broad Street Development and Crow Holdings Capital – Real Estate. Stone Street Properties, LLC purchased both properties for $123 million and assumed the existing mortgage. 210 and 220 East 22nd Street are situated between Second and Third Avenues, two blocks from the 23rd Street...

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