Sugar Hill pays $40M for East W’burg rental building 51-unit 315 Seigel St. used to belong to murdered landlord
315 Seigel Street in Brooklyn (inset from top: Sugar Hill s David Schwartz and Acuity s Elliott Neumann)
Sugar Hill Capital Partners bought a 51-unit rental building in East Williamsburg once owned by slain landlord Menachem Stark.
The Harlem-based investment firm paid Acuity Capital Partners $39.5 million ($742 per square foot) to buy the three-story, 53,200-square-foot loft building at 315 Seigel Street, Real Estate Weekly reported. At上海龙凤论坛