EQUITY ONE BUYS FEE INTEREST IN CHELSEA RETAIL CONDO FOR $55M

NEW YORK CITY — Equity One has acquired a fee interest in a Manhattan retail condo for $55 million. The property totals 56,870 square feet and is located at 161 W. 16th St. in Chelsea. Loehmann's leases the space until March 2016. The seller's name was not released.