The Real Deal New York

East Village condo conversion planned

April 07, 2006 12:00AM

A developer plans to convert a six-story, 18,900-square-foot rental building in the East Village into condos. Time Equities recently purchased 38-40 Stuyvesant Street, which has 12 rental units, from Melanie Barrera for $5.5 million. The timeline on the conversion hasn’t been decided yet, a spokesperson for Time Equities said Friday afternoon. By Tom Acitelli

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