Naftali in contract to buy large UES development site

Miki Naftali has put another large development site under contract. The developer’s Naftali Group signed a contract to pay $167 million for an Upper East Side development site it has been eyeing for about a year, sources told The Real Deal. The site, owned by Muss Development and the Aryeh family, consists of six low-rise buildings at the southeast corner of East 83rd Street and Third Avenue, and has more than 250,000 buildable square feet. […]

from The Real Deal New York

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