Bulldog Acquisitions And Acram Group Acquire Mixed-Use Property In Greenwich Village For $50M

The property asset involved in the transaction is a mixed-use building located at 88 University Place in Greenwich Village, Manhattan. The sale price for this asset was $50,000,000, covering a total square footage of 100,000, resulting in a price per square foot of $500.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $50,000,000
• Buyer: Bulldog Acquisitions & Acram Group
• Seller: CIM
• SF: 100,000
• PPSF: $500
• Lender: Bridge Invest
• Loan Amount: $42,250,000
• Loan Type: Acquisition Financing
• Brokers: Adam Spies, Adam Doneger, Douglas Harmon, Joshua King, Marcella Fasulo, Avery Silverstein, Michael Collins, Jordan Roeschlaub, Nick Scribani & Max Ralby - Newmark

The key individuals involved in the transaction include multiple brokers from Newmark, who managed the deal for both sides. The transaction was executed on March 25, 2026, showcasing a collaborative effort in a significant real estate deal in a prime Manhattan market.