NEW YORK CITY-Gary Barnett is likely to sell his 150,000-square-foot retail space on East 86th Street on the Upper East Side to Vornado Realty Trust, for over $150 million.
H&M, Sephora and Barnes & Noble are the current occupants of the retail space, which includes storefronts. The building comprises 24 rental units and 110 residential units. About 16 condominiums are on sale and the asking prices extend from $2.5 million to $10 million. For the full story, go to Crain's New York Business.
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