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$39M Sale of Long Island Complex Complete

GARDEN CITY, NY-Metropolitan Realty Associates and partner Angelo, Gordon & Co. rehabbed the complex, bought in 2005 for $7.4 million, and sold it for $39.25 million six years later.
Reprinted with permission from the Tue, 2 Aug 2011 12:03:00 -0400 online edition of GlobeSt © 2021 ALM Media Properties, LLC. All rights reserved. Further duplication without permission is prohibited, contact 877-256-2472 or reprints@alm.com.