5 Lexington Ave. building sold.
The team of Robert Bowman, vice president, and Jonathan Glick, senior vice president, represented the seller, Jipamar LLC. Davis Realtors represented the buyer, 311-79th Street Corporation, in this transaction.
"We are very pleased to have consummated the sale of 5 Lexington Avenue," stated Jonathan Glick. "In 2002, we represented Jipamar LLC in its purchase of the building. The original purchase by Jipmar was part of a 1031 tax free exchange and we assisted them in the sale of one of their other properties as well. It is a pleasure to continue our relationship by representing Jipamar's business objectives once again in the sale."
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|Title Annotation:||Sheldon Gross Realty completes a sale of Jipamar LLC|
|Publication:||Real Estate Weekly|
|Article Type:||Brief article|
|Date:||Jun 21, 2006|
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