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The 184,000-square-foot mixed-use property sits on the southeast corner of East 48th Street and Fifth Avenue in Manhattan and is the firm's largest transaction to date.
Michael W. Arvin joins New Era Partners as executive vice president of strategy and development, bringing more than 30 years of experience as a healthcare executive to the company.
The Lake Point Tower Condominium Association Board in a unanimous vote, as well as a supermajority of unit owners, recently adopted two amendments to prevent the building from being changed back into apartments.