Charney Companies Acquires Student Housing From The Riverside Church For $38M

Located at 99 Claremont Avenue in Morningside Heights, the property involved in the transaction is student housing. The sale price for the asset was $38,000,000, with a total square footage of 78,397 and a price per square foot of $485.

Summary of transaction details:

• Property Type: Student Housing
• Transaction Amount: $38,000,000
• Buyer: Charney Companies
• Seller: The Riverside Church
• Brokers: Daniel O'Brien, Eric Roth & Tyler Signora - Newmark; Frank Liantonio - Cushman & Wakefield
• Address: 99 Claremont Avenue
• Market: Morningside Heights

The deal's key individuals and companies involved in the transaction were Tyler Signora, Daniel O'Brien, Eric Roth, and Frank Liantonio. The buyer, Charney Companies, acquired the student housing asset from the seller, The Riverside Church, with representation from brokers Daniel O'Brien, Eric Roth, Tyler Signora from Newmark, and Frank Liantonio from Cushman & Wakefield.