The Real Deal New York

Goldman’s BLDG buys UES retail condo from Chetrit Group

November 04, 2011 05:33PM
By Adam Pincus

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From left: Investor Lloyd Goldman, the Chetrit brothers and 300 East 79th Street

Real estate investor Lloyd Goldman is adding to his substantial holdings with the $10.5 million acquisition of the retail condominium at 300 East 79th Street from the building’s developer, the Chetrit Group.

Goldman’s BLDG went into contract in August and closed on the purchase of the 5,976-square-foot unit Oct. 5, city records published yesterday show.

The retail condo, with ground-floor and lower-level space and occupied by Capital One bank, is in the 34-unit, 18-story residential building at the corner of 79th Street and Second Avenue. The building was developed by the Chetrit Group, and opened in 2008.

The Chetrit Group declined to comment, and BLDG did not immediately respond to a request for comment.

Goldman’s company BLDG Management has been active this year, partnering with Related Companies to buy an $11.05 million retail condo at 123 Third Avenue at Union Square, and this summer Goldman partnered with Tavros Capital to buy the foreclosed condominium conversion site at 448-452 Broome Street in Soho for $17 million.

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