Peter Fine pays nearly $30M for East Harlem site along the Second Avenue subway’s next phase

Peter Fine staked out a site along the path of the Second Avenue subway’s next phase. Fine — who earlier this year launched a new platform, Bolivar Development — paid $28.5 million to buy almost a full block along Second Avenue between 102nd and 103rd Streets in East Harlem where he plans to develop an apartment building with 160 rental units, sources told The Real Deal. “The subway is only going to help the market-rate rents,” Fine told […]

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