NEW YORK CITY-A client of LaSalle Investments has purchased the Sagamore apartment building located at 89th Street and Columbus Avenue for $140 million. Related Companies was the seller of the property. Douglas Harmon of Eastdil handled the sale of the apartment tower.
The apartment building's 80% of the apartments are at market rents, while the remaining 20% of the units are for families with low income. For the full story, go to New York Post.
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