Banks sells NYC building
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- July
- 2
Northeast Community Bancorp Inc., the White Plains-based banking company, has sold a branch office building at 1353-1355 First Ave. in New York and signed a 99-year agreement lease so that it can retain an office there.
The company expects to record a pre-tax gain of $18.8 million, not including transaction expenses, in connection with the sale of the building.
This entry was posted
on Monday, July 2nd, 2007 at 3:47 pm by Mike Bieger.
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Category: Office market
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