(Read more on the multifamily market.)

NEW YORK CITY-Julio Bogoricin has sold two contiguous16-foot-wide lots at 178-180 E. 93rd St. on Manhattan's Upper EastSide in a transaction valued at $8.7 million GlobeSt.com haslearned. The identical-sized lots are located on the south side ofEast 93rd Street between Third and Lexington avenues.

The buyer, New York City-based Greystone Development Group, hasthe intention of building condos, according to a source close tothe deal. The source tells GlobeSt.com that building condos isunconventional in the area--since the area mostly has rowhouses--and they will be restricted by zoning restrictions since itis a residential zone.

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Natalie Dolce

Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.