New York, NY - Israeli Buys Second New York Property
New York, NY - Elad Properties of Israel has bought the large office block owned by Citigroup and located along the Hudson River. Elad, controlled by Yitzchak Tshuva, already has purchased the Plaza Hotel in Manhattan.
The latest deal was valued at $142 million. The building on the site was constructed in 1910 and is listed as an historical landmark, meaning that the facade cannot be altered. The building will be renovated for a hotel and residential units.
posted by VOS IZ NEIAS @ 6/08/2006 05:07:00 PM
1 Comments:
At 9:51 PM,
Anonymous said…
"buys second property"
get your fact's right before you post, ELAD PROPERTIES already have developed more then 10 properties in Manhattan if you want more info go to
www.eladproperties.com
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