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Premier Equities picks up former Tribeca hotel for $18M
Manhattan saw 3 of 4 investment deals between $10M and $30M last week
New York /
130 Duane Street and 106 Pinehurst Avenue (Google Maps)
Manhattan has made deal makers smile again. The borough captured three of four investment sales recorded last week in the $10 million to $30 million range.
Premier Equities bought a hotel in Tribeca that closed during the pandemic, a West Village rental building sold for just 11 percent more than it did in 2015 and a 96-unit apartment building traded hands in Hudson Heights.