Cignature in The News – "Coney Realty Acquires Upper Manhattan Multifamily Portfolio for $47M"
September 20, 2023 – Commercial Observer
By Abigail Nehring
Barberry Rose Management’s Lewis Barbanel sold an uptown portfolio of rent-stabilized buildings at a $36.6 million loss, Commercial Observer has learned. Coney Realty’s Peter Rebenwurzel purchased the portfolio of 16 multifamily residential buildings spread across Inwood, Washington Heights and Harlem for $47 million. Cignature Realty’s Lazer Sternhell, who represented both the buyer and seller with Peter Vanderpool, confirmed the sale.
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