Printer Friendly
The Free Library
14,757,922 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Investors attracted by mark-up to market.


Aaron Jungreis, president of investment sales at GFI GFI Ground Fault Interrupter
GFI Go For It
GFI Government-Furnished Information
GFI Growing Families International
GFI Goodness of Fit Indices
GFI Government Financial Institutions (Philippines)
GFI Gross Farm Income
 Realty Services, Inc. and Matthew Sparks, senior managing director, announce the sale of three, six-story elevator HUD Hud (hd), a pre-Qur'anic prophet of Islam. Hud unsuccessfully exhorted his South Arabian people, the Ad, to worship the One God. , Section 8, buildings in the Morningside Heights section of Harlem for $16,500,000.

The three buildings, located at 1871-73 Adam Clayton Powell Adam Clayton Powell can refer to:
  • Adam Clayton Powell, Sr. (1865–1953), pastor
  • Adam Clayton Powell, Jr. (1908–1972), politician and civil rights leader
  • Adam Clayton Powell III (born 1946), son of Adam Clayton Powell, Jr.
 Blvd, 107-113 West 109th Street, and 124 West 114th Street, consist of 111 units in total, including one store and one office, and are located only two blocks from Central Park.

The HAP HAP. An old word which signifies to catch; as, "to hap the rent," to hap the deed poll." Techn. Dict. h.t.  contracts on all three of the buildings will expire in two years, at which time the new building owner will apply for a new mark-up to market contract. "The mark-up to market programs are extremely attractive to investors," said Sparks. "The building owner can obtain a rent increase on all apartments at the same time, an opportunity that does not exist with regular rent stabilized buildings."
COPYRIGHT 2007 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Real Estate Weekly
Date:Aug 8, 2007
Words:147
Previous Article:Chetrit investigates wall collapse.
Next Article:Correction.(Correction notice)
Topics:



Related Articles
Dubai Group sells $1b portfolio.(The Milestone Group partnership with INVESCO Real Estate)(Brief article)
San Fernando Valley: high investor confidence kick starts construction.(REAL ESTATE QUARTERLY)
Cushman & Wakefield completes $87m Melville sale.
Brooklyn condo offers stable cash flow.
Ashforth makes $247m push into the west.(NATIONAL ROUND-UP)
RiverOak makes second investment from newly launched $25m fund.(FINANCE)
RKF makes Connection with UK giant.(RETAIL)
Retail market fundamentals remain strong in NJ.(NEW JERSEY)
Kislak to sell Northwood Estates.(NEW JERSEY)
NAI forms new multifamily group.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles