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NEW YORK CITY-The storied Midway Theater building in Forest Hills has been acquired by a partnership of local real estate investors for $20.5 million.

The buyer of the two-story, 48,000-square-foot property at 108-22 Queens Blvd. includes BLDG Management’s Lloyd Goldman, Eric Roth of Brick Capital, and Brian Ezratty of Eastern Consolidated, according to the Real Deal. Federal Realty Investment Trust was the seller and was represented by David Robinov, director of Ackman-Ziff’s investment sales group.

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