HFZ buys UES building in potential assemblage play

HFZ Capital Group has purchased a commercial building on the Upper East Side for $22.5 million in a potential assemblage play, according to property records. The developer purchased the two-story building at 1135 Lexington Avenue from Mary McCullough and John Bono, a pair of Long Island-based sellers. It currently houses a branch of First Republic Bank. HFZ also owns 1131 Lexington Avenue, which they purchased at the end of November for $7.1 million, according to […]

Source: Real Estate

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