Home › Investor snags two high-end Madison Ave. retail properties for $47M
 

Keywords :   


Investor snags two high-end Madison Ave. retail properties for $47M

2014-11-04 17:34:05| Apparel - Topix.net

Acadia Realty Trust is betting that luxury stores will pay high rents for locations just off the prime retail corridor High profile investors are plowing money into luxury retail spaces at never-before-seen rates - and at never-before-seen prices. Developer Acadia Realty Trust, the company behind the CityPoint project in Downtown Brooklyn, has snapped up two glitzy townhouses just off Madison Ave. for a combined $47.3 million, the Daily News has learned.

Tags: properties retail ave investor

Category:Consumer Goods and Services

Latest from this category

All news
06.11Warning millions will struggle to pay water bill rises
05.11PM responds to Sir Alan Bates after repeated requests
05.11Tube strikes called off after union talks
05.11NI rise hits workers harder than employers, says OBR
05.11Netflix Europe offices raided in tax fraud probe
05.11Netflix Europe offices raided in tax fraud probe
05.11Vodafone-Three merger could get green light, watchdog says
05.11Vodafone-Three merger could get green light, watchdog says
Consumer Goods and Services »
06.11Hurricane Rafael Update Statement
06.11Summary for Hurricane Rafael (AT3/AL182024)
06.11Warning millions will struggle to pay water bill rises
06.11Atlantic Tropical Weather Outlook
06.11Tropical Storm Rafael Graphics
06.11Tropical Storm Rafael Public Advisory Number 9A
06.11Summary for Tropical Storm Rafael (AT3/AL182024)
06.11Eastern North Pacific Tropical Weather Outlook
More »