1065-1075 Gerard Ave., the Bronx, NY
NEW YORK CITY—Related Companies has sold the River Court and Gerard Court, a 252-unit, affordable housing development at 1065-1075 Gerard Ave. in the Bronx. The buyer Prana Investments paid $36 million.
Hodges Ward Elliott's Daniel Parker, Paul Gillen and Ariel Tambor represented the seller. The buyer did not retain outside brokers.
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Betsy Kim
Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.
