NEW YORK CITY–The Orbach Group, an owner, developer, and manager of multifamily properties on the east coast, has acquired a three-building portfolio on the Upper West Side, the company announced Friday. The approximately $70 million purchase added 178 high-end rental units to Orbach’s portfolio.

The seller, Dermot Co., was represented in the transaction by HFF senior managing directors Andrew Scandalios and Jose Cruz, as well as managing directors Jeff Julien and Kevin O’Hearn. Orbach was represented by Meyer Orbach, president, in the deal.

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