Goldman Sachs Urban Investment Group has acquired the Empire Outlets mall on Staten Island from BFC Partners in a foreclosure auction.
Goldman Sachs, who was the senior lender on a loan for the mall, acquired the property with a winning bid of $10M, according to a report in the Staten Island Advance.
Staten Island-based Grinberg Management also bid on the 340K SF outlet mall, dropping out after the bidding reached $9M, the report said.
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