UPDATED, Feb. 15, 11:40 p.m.: Area Property Partners has sold a portfolio of 10 Upper Manhattan multi-family properties known as the Decathlon portfolio for $49 million, or about $7.5 million less than the firm paid for the collection of buildings in 2007, according to records filed with the city today. The buildings range from 961 St. Nicholas Avenue, a six-story, 56-unit property in Washington Heights — the southernmost point of the portfolio — to 248 [more]
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