Last updated: August 10, 2007 01:34pm
Private Equity Group Gets 90,000 SF in West Harlem
By Natalie Dolce
NEW YORK CITY-Aaron Jungreis, president of investment sales at GFI Realty Services Inc. and Matthew Sparks, the firm's senior managing director, sold three, six-story elevator HUD, Section 8, buildings in the Morningside Heights section of Harlem for $16.5 million.
“Although this type of deal can often be difficult logistically, at GFI we have vast experience transacting properties with government subsidies,” says Aaron Jungreis. “We are knowledgeable of the stipulations involved, enabling us to complete these deals as quickly and efficiently as possible.”