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The 115-unit property, located at 200 E. 62nd St. between Second and Third avenue, was purchased by another joint venture pair: O'Connor Capital Partners and HIG, according to industry sources. Blackstone provided debt for the deal, though GlobeSt.com could not ascertain an amount.</p>","<p>Back in December, the GID/CalPERS duo sold the Westminster, a 152-unit upscale building at 165 E. 66^th St.—between Third and Lexington avenue—for $230 million to Crescent Heights. Both deals were brokered by BlueGate Partners, with the most recent deal handled by the firm's Mark DeLillo, managing partner and Jeff Bastow, managing director.</p>","<div class=\"paywall-content\"><p>Both deals were done at a “sub-three cap rate,” according to industry sources. Officials at O'Connor Capital and BlueGate declined to comment. 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