Stonehenge Partners completes purchase of 1143 Second Avenue

Ofer Yardeni and Joel Seiden’s Stonehenge Partners has closed on the 93-unit apartment building at 1143 Second Avenue and 60th Street it went into contract for in August, according to public records filed with the city on Wednesday. Stonehenge paid KFJ Realty $47 million for the six-story building, which includes 15,000 square feet of retail on the westerly block between 60th and 61st streets, and 77,000 square feet of development rights. It is still not clear whether Stonehenge will build at the site or simply hold on to the development rights for future construction. A call to Stonehenge today was not immediately returned.
— Katherine Clarke