Dalan Pays $9.8M for Three Former Extell Retail Condos

Source: Commercial Observer

Dalan Management has purchased several retail condominium units in the Flatiron District, which were developed and formerly owned by Extell Development, for $9.8 million, Commercial Observer has learned.
The 9,000-square-foot, off-market deal included two ground-floor units at Altair 18 at 32 West 18th Street and one ground-floor unit at Altair 20 at 15 West 20th Street, plus a 1,000- to 1,500-square-foot vacant basement space in the 18th Street building, said Dalan Principal Daniel Wrublin. The deal closed less than two weeks ago. Mr. Wrublin said the seller is an Israeli entity. Read full story

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