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157 Suffolk Street[/caption]
A Lower East Side rental building at 157 Suffolk Street has been traded to the real estate investment company Niantic Partners for $18 million, city records filed today show. The building was sold by an LLC called 157 Suffolk Street Investors, an affiliate of Silverstone Property Group. According to its website, Silverstone provides property management, construction supervision and asset management throughout New York. Niantic, which owns several office buildings around Manhattan, purchased the property under an LLC identified in documents as 157 Suffolk Street JV. [more]
