NEW YORK CITY—E&M Associates has purchased a $52 million multifamily portfolio of properties in the Far Rockaway section of Queens. The seller was Urban America.

Company founder Irving Langer, together with his son Michael Langer and partner Danny Goldstein, plans to update the properties located at 22-11 New Haven Ave.; 407 Beach 20th St; 22-04 Collier Ave. and 707 Beach 9th St. in Far Rockaway, NY.

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