Island Capital Group pays $51.8M for 116-unit rental in Flatiron District
Island Capital Group through the entity W21st Owner LLC paid $51.8 million to Canoe Brook Development through the entity Roseland/Stempel 21st Street Associates, L.L.C. for the 116-unit residential elevator building (D6) at 35 West 21st Street in Flatiron District, Manhattan. The property has alternate addresses of 37 West 21st Street and 39 West 21st Street. The buyer acquired the property through the purchase of sublease….