David Burris, Investor Group Buy Mixed-Use Upper East Side Site for $28M

AI Summary

Investor David Burris and a group have acquired three mixed-use pre-war buildings on Manhattan's Upper East Side for $28.1 million. The properties encompass addresses at Lexington Avenue and East 61st Street, totaling a sizable real estate package.

Terra Holdings’ David Burris and a group of investors have made a $28.1 million covered land play on Manhattan’s Upper East Side.  The acquisitions secured three low-lying, pre-war buildings at the corner of Lexington Avenue and East 61st Street, encompassing 780–782 Lexington Avenue and 136 East 61st Street. The trio of mixed-use properties totals approximately […]