JLL ARRANGES $105M SALE OF 13-STORY BUILDING IN NYC

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NEW YORK CITY — On behalf of Nostra Realty, JLL’s capital markets group has sold 12 East 88th Street in New York City to Simon Baron Development Group for $105 million. The 13-story, 65-unit building, located between Fifth and Madison avenues near Central Park, will be converted to luxury condominiums. Richard Baxter, Jon Caplan, Yoron Cohen, Scott Latham, Glenn Tolchin, Jason Gold and Anthony Ledesma led the JLL team in the transaction.

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