NEW YORK CITY-American Realty Capital New York Recovery REIT is keeping the acquisition momentum going with its $90.8-million buy of a three-story office condominium at 50 Varick St. in Tribeca. The deal follows by a little more than a week NYRR’s acquisition of the fee simple interest in 333 W. 34th St. from SL Green Realty Corp for $220.3 million.

The New York Post, which on Monday identified the buyer only as an entity of American Realty Capital, reported the seller as Thor Equities’ Joseph Sitt, who in April paid $83 million for the then-90% complete redesign of the condo space. The 158,573-square-foot condo, which has been reconfigured as a fashion photography workspace, is 100% leased to a subsidiary of London-based Spring Studios Ltd., while the building’s lower portion is a Verizon substation.

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