The Real Deal New York

A new guard of investors takes Upper Manhattan apartments

Institutional players out, local shops in as multi-family portfolio trading heats up
By Katherine Clarke | February 24, 2014 10:30AM

From the February issue: An active year for the Upper Manhattan multi-family market was topped off in November by the acquisition an 84-building portfolio by Brooklyn-based real estate company E&M Associates from notorious landlord Baruch Singer. The $340 million deal was the largest multi-family portfolio sale of 2013. [more]