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Apollo JV buys 52 co-op units.


A joint venture of Apollo Real Estate Investment Fund V, Barrow Street Barrow Street may refer to:
  • Barrow Street (Manhattan), an arts area in the West Village.
  • Barrow Street, Dublin, home of Ireland's National Performing Arts School, Google Europe, and rock band U2's The Factory studio complex, among many other high-profile tenants
 Capital and David Swersky has acquired 52 unsold cooperative units at the Riviera, located at 790 Riverside Drive in the Washington Heights section of New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
.

The partners purchased the units from a joint venture led by David Swersky, who transferred his interest into the new venture. The purchase price was not disclosed.

Built in 1910 in the Beaux-Arts style, the Riviera, a 12-story co-operative building on the corner of West 157th Street and Riverside Drive, has long been one of the most desirable addresses in Washington Heights. The building's grand marble lobby lined with stained glass windows Stained Glass Windows was an early broadcast television program, broadcast on early Sunday evenings on the ABC network. The program was a religious broadcast, hosted by the Reverend Everett Parker.

The program ran from September 26, 1948 until October 16, 1949.
, hand-painted coffered cof·fer  
n.
1. A strongbox.

2. often coffers
a. Financial resources; funds.

b. A treasury: stole money from the union coffers.

3.
 ceiling and original ornamental and architectural details preserve the integrity of the original design by the architectural firm of Rouse and Goldstone gold·stone  
n.
An aventurine with gold-colored inclusions.

Noun 1. goldstone - aventurine spangled densely with fine gold-colored particles
.

The apartments purchased are expansive, with an average size of over 1,500 s/f, and include studios and one, two, three and four bedroom apartments.

The joint venture plans to renovate and sell the units as they become vacant. There are a total of 202 apartments in the building.
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Publication:Real Estate Weekly
Date:May 2, 2007
Words:185
Previous Article:Retail condo fetches $25m.
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