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Gracie Associates Buys Gracie Inn on Upper East Side

Five-Story Property Fetches $5.1 Million
By Felicia Rutledge
October 11, 2007 | 5:33 P.M.

Gracie Associates LLC has acquired The Gracie Inn building on Manhattan's Upper East Side for $5.1 million, or about $392,000 per unit. The seller was 502 East 81st Street Owners Corp.

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