Upper Manhattan, Bronx multifamily portfolio trades for $60M

A trio of families sold a portfolio of multifamily buildings in the Bronx and Upper Manhattan they had owned for more than 30 years for $60 million. MGS Associates — a partnership between the Martinez, Gaveau and Saint-Cyr families — sold the portfolio of 14 properties, which spans 341 units across more than 320,000 square feet, the families’ broker told The Real Deal. “They’re three different families across multiple generations, and they just reached a […]

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