Aby Rosen’s RFR in contract to buy shares of UES co-op
Deal for 1025 Park Avenue’s shares would be latest in recent slew of moves by firm
Aby Rosen’s RFR Realty is in contract to acquire all of the shares at the Upper East Side’s Dekoven House at 1025 Park Avenue, The Real Deal has learned.
Mary Joan Wilder, head officer at the 10-unit co-op, went into contract to sell the shares on July 29, according to documents filed Aug. 14 with the city Department of Finance. Terms of the agreement were not disclosed.
The deal is scheduled to close July 31, 2015, with a one-year adjournment option until July 2016.
A spokesman for RFR declined to comment, while Wilder could not immediately be reached for comment.
The purchase would mark the latest in a series of recent deals by RFR. Earlier this month, The Real Deal reported that the firm was in contract to buy the Church Missions House at 281 Park Avenue South.
The firm plans to position the property as a single-tenant office building.