NEW YORK CITY-Abro Management has put up its neo-Renaissance, 11-floor apartment tower located at 11 E. 68th Street for sale. According to realty experts, the property could fetch over $220 million due to its prospective to be modified into condominiums. Abro purchased the building for $191.8 million in 2008.
The prime Madison Avenue building also includes a retail space of 10,000 square feet. The real estate experts predict that the retail space could draw between $30 million and $60 million. For the full story, go to Crain's New York Business .
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