The site where a condo tower called Cima has been proposed was sold for $27.5 million. The sale closed on August 20th.
The seller is Great Neck, NY conglomerate First Quality.
The buyer is New York based KAR Properties, controlled by Shahab Karmely.
August 24, 2013 at 2:43 pm
I represented the buyer. David Tawfik is not involved in this transaction. Thanks.
August 24, 2013 at 10:17 pm
Thanks, post has been updated.
September 5, 2013 at 4:22 pm
IF there are plans for any Hotel on this site I would be interested
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