(To read more on the multifamily market, click here.)
NEW YORK CITY-Taconic Investment Partners and ING ClarionPartners has bought the 1,416-unit Eastchester Heights apartmentcomplex here in the Bronx. The JV paid $133 million for thefive-building property.
Urban American LP and City Investment Fund jointly sold theportfolio which consists of low-rise, moderate-income housing at1400 Hicks St., 3485 Corsa Ave., 3444 Fish Ave., 3438 Wilson Ave.and 3437 Eastchester Rd., according to David Berger, seniormanaging director with GFI Realty Services. Berger together withcolleagues Aaron Jungreis and Jay Davidson represented theseller.
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