Malkins buy Milwaukee tower.Milwaukee Landmark Apartments L.L.C., an investment group led by New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of investors Peter L. Malkin and Anthony E. Malkin, has contracted to purchase Landmark on the Lake, the tallest residential tower in Milwaukee, Wisconsin For other places with the same name, see Milwaukee (disambiguation). Milwaukee is the largest city within the state of Wisconsin and 25th largest (by population) in the United States. . The closing is scheduled for November 12th. The new owner is buying the 275-unit Class-A, 27-story high-rise condominium condominium In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common. building from an affiliate of Lincoln Life Insurance Company for $23 million. The equity investment was syndicated to investors through the Malkins' placement agent, Wren wren, small, plump perching songbird of the family Troglodytidae. There are about 60 wren species, and all except one are restricted to the New World. The plumage is usually brown or reddish above and white, gray, or buff, often streaked, below. & Malkin Securities Corp. 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. . Landmark on the Lake will be managed by the Malkins' wholly owned company, W&M Properties of Wisconsin, L.L.C. This is the premier property of its kind, located in an established segment of the stable and strengthening Milwaukee downtown residential market," said Peter Malkin Peter Zvi Malkin (his Hebrew name is צביקה מלחין , Tzvika Malkhin), (May 27 1927-March 1 2005), was an Israeli secret agent, and member of the Mossad intelligence agency. Born Zvi Malchin in Zolkiewka, Poland. . "Landmark is in and near affluent neighborhoods and is convenient to local shopping, major concentrations of prime office space, key transportation routes, public transportation, recreational and cultural facilities, educational institutions, and General Mitchell International Airport “Mitchell Field” redirects here. For the former air base in New York, see Mitchel Field. “MKE” redirects here. For the Milwaukee newspaper, see MKE (tabloid). . We're delighted to be the new owners." "Downtown Milwaukee is undergoing significant renewal and redevelopment that will further enhance its status as a 24-hour city and center of commerce, conventions, and cultural activities," said Anthony Malkin. The tower rests on a bluff overlooking Lake Michigan. It offers dramatic, panoramic views of Lake Michigan and of Milwaukee, including several large parks and recreation areas - among whose architects was Frederick Law Olmsted, who designed Central Park in New York City. All residential units at Landmark on the Lake are fully sprinklered for fire protection and equipped with a closed circuit TV security system monitored from a 24-hour manned central security station. The development sits atop four levels of structured parking. |
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