127-135 W. 33rd St.
127-135 W. 33rd St.

With the building now in its portfolio, TEI plans to keep the retail portion for long-term rental income and is reviewing the possibility of converting the non-retail space to office condos, according to a TEI release. A spokeswoman for TEI tells GlobeSt.com the building was 72% occupied. She adds the deal closed Oct. 12, but declined to reveal the cap rate.

Greenburger
Greenburger

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