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Acquisitions

Mautner-Glick sells UES assemblage for $232M

Buyer is University Financing Foundation

Photo of assemblage (Credit: Mautner-Glick)

The University Financing Foundation has acquired six Upper East Side buildings from Mautner-Glick for $232 million. The assemblage stretches from East 76th Street to East 77th Street along Third Avenue. Northwell Health plans on developing a new medical complex at the site, according to CO.  

Addresses include… 201-203 East 76th Street, 1339 Third Avenue, 1345 Third Avenue, 200 East 77th Street, and 202 East 77th Street. The properties were delivered vacant at closing.

Be Smart: The properties allow for the development of 278,159 square feet.

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