NEW YORK CITY-A Korean restaurateur has paid $5.5 million for the ground-floor retail condo in The Centria, a 34-story condominium building at 18 W. 48th St. J.D. Carlisle Development Corp. sold the 7,158-square-foot retail condo to the Kum Gang San Restaurant owner.

The 152-unit condo building is situated near Rockefeller Center and between Fifth and Sixth avenues. Robert Knakal and James Nelson of Massey Knakal Realty Services brokered the deal on behalf of the seller. For the full story, go to Crain's New York Business .


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