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James Development scoops up 72 units at Manhattan House

O'Connor Capital listed units in August

200 East 66th Street
200 East 66th Street

James Development just snapped up 72 condo units at a landmarked Upper East Side building for $68.4 million.

The apartments are part of the 493-unit building at 200 East 66th Street known as the Manhattan House, which completed a condo conversion in 2015. In August, owner O’Connor Capital Partners listed 74 units at 200 East 66th Street — all still occupied by rent-stabilized tenants — for $83.3 million.

Representatives for O’Connor and James didn’t immediately return messages seeking comment on the deal.

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O’Connor purchased the 20-story building in 2005 for $623 million, along with then-partner N. Richard Kalikow. The two split soon after getting approval for a $1.1 billion condo conversion plan for the property.

Of the 74 markets that were on the unit, 42 have balconies and 10 feature wood-burning fireplaces, according to the listing in August. The monthly rental income checked in at $191,329, an average of about $2,600 per apartment.

The Manhattan House was built in 1950 and was formerly home to Grace Kelly, Jackie Robinson and jazz legend Benny Goodman.

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