ROBINSON BROG REPRESENTS PENN SOUTH CAPITAL IN $27.25 MILLION SALE
Manhattan, NY Penn South Capital, a subsidiary of RAP Equities, has acquired a 40,000 s/f property at 39 Clarkson St. in the Hudson Sq. tech and media corridor. Represented by Adam Greene, a partner at law firm Robinson Brog Leinwand Greene Genovese & Gluck P.C., and Mike Dabah of Stein Adler Dabah & Zelkowitz LLP, the $27.25 million purchase follows a four-year track record of acquisitions for Penn South Capital. During that time, the firm, headed by Parag Sawhney and Raymond Chera, has acquired over a dozen mixed use/multifamily assets in the borough.
The transaction was covered in an article appearing on the New York Real Estate Journal. To view a copy of that article, click here.