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Naftali Group Pays $23.1M for Gramercy Location

New York-Based Developer Plans to Construct 20-Story Condo Tower
By Shaunta Bruner
July 10, 2013 | 7:56 P.M.

Naftali Group, a New York-based developer, owner and operator, acquired two multifamily buildings in Manhattan from an individual for an aggregate $23.13 million, or about $315 per buildable square foot.

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