Law360, New York (March 4, 2016, 6:21 PM EST) -- Real estate investment, management and development company Greystar said that it has purchased a 204-unit apartment building in Manhattan from LaSalle Investment Management for $211 million, guided by Herrick Feinstein LLP.
The 19-story building, called The Chelsea, is located at 160 West 24th St., at the corner of Seventh Avenue. It includes about 210,000 square feet of space, with ground floor retail, a fitness center, media room and two roof decks. The company also said on Wednesday that it had purchased a pair of recently completed buildings in Williamsburg, Brooklyn, with a total of 169 apartment units for $125 million.
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