{"id":8,"date":"2018-01-11T16:50:00","date_gmt":"2018-01-11T16:50:00","guid":{"rendered":"https:\/\/www.hubbnyc.com\/blog\/?p=8"},"modified":"2023-02-08T23:36:54","modified_gmt":"2023-02-08T23:36:54","slug":"new-york-reit-sells-first-retail-property-in-liquidation","status":"publish","type":"post","link":"https:\/\/www.hubbnyc.com\/blog\/2018\/01\/11\/new-york-reit-sells-first-retail-property-in-liquidation\/","title":{"rendered":"NEW YORK REIT SELLS FIRST RETAIL PROPERTY IN LIQUIDATION"},"content":{"rendered":"
The Real Deal<\/p>\n
Written by: Rich Bockmann<\/p>\n
New York REIT sold the first standalone retail property in the liquidation of its multibillion-dollar portfolio to HUBB NYC for $25 million.<\/p>\n
HUBB paid $25.1 million to buy the retail condominium unit and parking garage spanning roughly 43,000 square feet at the base of the Orion condo-and-rental building at 350 West 42nd Street, sources told The Real Deal.<\/p>\n