Chetrit a partner in $80M dorm buy

The Chetrit Group closed on the purchase of 1760 Third Avenue — a 19-story, 247,000-square-foot building on Third Avenue between East 97th and East 98th streets — for $79 million, according to city records. Chetrit teamed with an as-yet-unnamed educational institution to purchase the property from local investors the Sigety family. The building, which is the former Florence Nightingale Health Center, will be converted into a dormitory. TRD