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COMMERCIAL OBSERVER / July 30, 2014

UWS CONDO PACKAGE SELLS FOR $9.65M

JAMES Development Company purchased a condominium package at 610 West 110th Street for $9.65 million on July 2, Commercial Observer has learned. The units, which are comprised of 20,700 square feet, were bought from a partnership including Ares Management, Urban American Management and Ramius LLC, according to a release from Eastern Consolidated. The 18-unit collection was sold “at a substantial discount to its vacant market value,” according to the release.

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