A management deal has been reached regarding the Apthorp condo conversion at 79th Street and Broadway, according to a release this morning (reprinted in full below). The deal transfers management from Mann Realty to an affiliate of the Feil Organization, and thus seems to end what's become one of New York's juiciest real estate soap operas of late (more on the saga here in this week's Observer print edition).
Mann Realty and Africa Israel, owners of the historic, landmarked Apthorp, one of the crown jewel residential apartment houses in New York City, announced today that they have reached an agreement on internal management issues, and all of the outstanding issues between them have been satisfactorily resolved. read more »
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