Benchmark Buys Upper West Side Apartment Complex for $42M

Benchmark Real Estate Group makes a $42 million investment in a multifamily apartment complex on the Upper West Side, part of a $400 million city-wide real estate spree. The Upper West Side remains a prime location, attracting major investors. Meanwhile, the residential market sees significant sales, including a $16.3 million duplex co-op on the Upper East Side and a $16.3 million condo on East 79th Street, both selling for more than their purchase prices just two years prior. A co-op at 720 Park Avenue, previously owned by Barnes & Noble founders widow, sells for $14.9 million. These deals underscore the ongoing demand for luxury living in New York City. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/f6a06a94ae33085f