Pacific Urban Investors Acquires 213-Unit Condo In Chelsea, Manhattan For $183M From Related Companies

A 213-unit rental condominium located at 125 West 14th Street in Manhattan's Chelsea neighborhood has been sold for $183 million. The property, a condo, was acquired by Pacific Urban Investors from Related Companies Orda Management via Armory Place LLC.

Summary of transaction details

• Property Type: Condo
• Transaction Amount: $183,000,000
• Market: Chelsea, Manhattan
• Address: 125 West 14th Street
• Buyer: Pacific Urban Investors - Alfred Pace
• Seller: Related Companies - Stephen Ross, Jeff Blau & Bruce Beal Orda Management
• Units: 213
• Price per Unit: $859,155

Pacific Urban Investors, represented by Alfred Pace, successfully closed the deal for the 213-unit rental condominium at 125 West 14th Street. The sale was completed with the involvement of Stephen Ross, Jeff Blau, and Bruce Beal from the Related Companies, as well as Orda Management. The acquisition of this property marks a significant investment for Pacific Urban Investors in the desirable Chelsea neighborhood of Manhattan.