Clarett sells retail condo for $18.6m.
Sonnenblick-Goldman, acting on behalf of Clarett Capital LLC, has
arranged the $18.6 million sale of the retail condominium at 2770
Broadway, the 22-story, 64-unit luxury condominium recently completed at
the southeast corner of West 107th Street. The price represented a 5%
The buyer was a private group based in Atlanta, Georgia.
"Having leased the 7,500 s/f of ground floor space to the Bank of
America and Lenscrafters, we believed it was the right time to sell the
retail condominium," says Dan Hollander, managing director of
Clarett Capital, a joint venture between Clarett Group and Prudential
Real Estate Investors. "The buyer was attracted to the tenancy, the
financing available and the quality of the neighborhood," says
S-G's Steven A. Kohn.