NEW YORK CITY-Hotel owner Morris Moinian has put a residentialbuilding measuring 57,000 square feet in Chelsea on the marketthrough Eastern Consolidated for $36 million. Azita Aghravi, PaulNigido and Brian Ezratty of Eastern Consolidated are marketing thebuilding.


The 6-story, 64-unit residential complex, situated at 364 W.18th St., comprises 27 single-bedroom apartments, 6 double-bedroomapartments, and 31 studios. It also has 8 mom-and-pop stores.Several bidders have come with 10% to 15% below the expected price.For the full story, go to Crain's New YorkBusiness.

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