LCOR testing market for 308-unit condo conversion at 25 Broad Street

LCOR, the real estate company owned by the California State Teachers Retirement System, will test the market for a conversion of the 308-unit rental building at 25 Broad Street to condominiums, The Real Deal has learned. The company filed the application with the New York State Attorney General’s office last month. Testing the market, known as a CPS-1 solicitation, allows real estate sponsors to gauge market interest for a potential condo offering and to begin […]

Source: Real Estate

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