[caption id="attachment_222178" align="alignright" width="150"]![]( "miki")
Miki Naftali[/caption]
The Naftali Group has paid $37 million for a six-story rental building in Chelsea, in an end-of-year, off-market deal with the Haruvi family, Crain’s reported. The building at 245 West 25th Street, located between Seventh and Eighth avenues, was built in 1938. The six-story, 75,000-square-foot building contains 68 residential units — 22 of them are rent stabilized — and was sold at roughly $500 a foot, a steep discount for the neighborhood. [more]![]()
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Miki Naftali[/caption]
The Naftali Group has paid $37 million for a six-story rental building in Chelsea, in an end-of-year, off-market deal with the Haruvi family, Crain’s reported. The building at 245 West 25th Street, located between Seventh and Eighth avenues, was built in 1938. The six-story, 75,000-square-foot building contains 68 residential units — 22 of them are rent stabilized — and was sold at roughly $500 a foot, a steep discount for the neighborhood. [more]