$87 Million Bulk Condominium Unit Sale Completed in Midtown West
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NEW YORK, April 21, 2021 /PRNewswire/ Upland Property Advisors announced today the completion of the first major bulk condominium sale in New York City since the pandemic. Led by founding partners Yoav Oelsner and Glenn Tolchin, the 70-unit transaction included all of the remaining market-rate units in the building known as
Charlie West at 505 West 43rd Street. Tishman Realty purchased the units for
$87.4 million in cash consideration, plus a carried interest for the seller. Mi & Co Development built the 122-unit building in 2018. Upland Property Advisors represented the buyer, and also arranged for the