Following rumors of Ben "Sledgeshammer" Shaoul selling off about 40 East Village properties, The Real Deal discovers that the Kushner Companies has signed a contract to buy seven of those buildings. They'll end up 115 apartments?28 of them rent-stabilized?and one store. Shaoul paid $25.1 million for these buildings; Kushner Companies will pay him $49 million. [Real Deal]
Filed under:
Loading comments...