Rudin makes splash outside of NYC with Stamford apartment buy
The Rudins rarely ply their trade outside of New York City, so when they do, it’s worth noting. The family firm is in contract to purchase 1 Harbor Point in Stamford, Connecticut from Building and Land Technology for approximately $150 million, Bloomberg reported. Should the deal close at that price, it would break down to more than $627,000 per unit. The 239-unit complex comprises two buildings and was built in 2015; it’s 96 percent occupied. It’s within walking distance of the local Metro-North train station, which can carry commuters into Grand Central Terminal in less than an hour. Rudin declined […]
This article originally appeared on The Real Deal. Click here to read the full story.
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