Friday, April 24, 2015

Israeli investors sell Hell’s Kitchen apartment hotel for $28M

U.S. Suite, a partnership of Israeli investors, has sold a 13-story Hell’s Kitchen apartment hotel known as Metro Apartments for nearly $28 million, according to property records filed with the city Friday. The partnership includes principals from Aura Investments, Livorno Properties and U-Trend.  Sholom Jacobs of the Nassau County-based Jacobs Real Estate Advisors was the buyer of the roughly 55,000-square-foot property at 440 West 41st Street. U.S. Suite bought the 96-unit building that sits in the shadow ... [more]

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