Sitt flips Tribeca building to ARC for $90M

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A Tribeca glass office building being redeveloped over a Verizon substation for the glamorous Spring Studios is being flipped to an entity of American Realty Capital Properties (ARCP) by Joseph Sitt, The Post has learned.In April, Sitt agreed to buy the 90-percent completed Morris Adjmi-designed project at 50 Varick… …read more
Source: NY Post

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