A 588-unit New Rochelle tower sells to Virginia-based firm

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The Halstead apartment tower in downtown New Rochelle is being sold for the second time since 2013, Lohud reported. Virginia-based HGI Acquisitions is in the process of buying the property from Boston-based DSF Group. No sale price has been announced, but New Rochelle assessed the value at more than $223 million. DSF bought the building in 2010 for $210 million. [Lohud]