Real Estate Moguls Put Manhattan High-Rise On The Market

Law360, New York (March 13, 2012, 7:45 PM EDT) -- New York real estate tycoons Aby Rosen and Michael Fuchs have put their 27-story residential tower in Manhattan's Lenox Hill neighborhood up for sale in an effort to take advantage of trends in the multifamily market that favor the seller, broker Robert Knakal said Tuesday.

Rosen and Fuchs' real estate investment firm RFR Realty LLC tapped Knakal, chairman of Massey Knakal Realty Services, to handle the sale of the 102-unit building at 300 E. 64th St. in order to capitalize on the high-yield environment created by...
To view the full article, register now.