Reuben Brothers Acquire Retail Property In Upper East Side For $50M

Reuben Brothers have acquired a retail property in the Upper East Side of Manhattan, located at 677-679 Madison Ave. & 40 East 66th St. The property was sold by Vornado Realty Trust in October 2021.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $50,000,000

The purchase was made by Reuben Brothers, a renowned real estate investment firm. The property is situated in the highly sought-after market of Upper East Side. The deal involved prominent individuals such as Simon Reuben, David Reuben, Jamie Reuben, Steve Roth, and Haim Chera.