Nice work if you can get it. Susan DeFranca has just sold the Superior Ink condo she scored for $10 (this is not a type) from her old bosses at Related for $5 million.
City records show DeFranca and her teenage daughter, Dylan, were granted the 1,320 s/f apartment in 2010 when she was president of residential sales at Related Cos.
Related has a policy of having all of its senior executives live in its developments--Stephen Ross lives in a Time Warner townhouse and also has a little crash pad at Superior Ink.
DeFranca's two bedroom, 2-bath unit was bought by an LLC named Flumen.
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|Title Annotation:||HAVE YOU HEARD ...|
|Comment:||Nice work if you can get it.|
|Publication:||Real Estate Weekly|
|Date:||Oct 23, 2013|
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