Wednesday, April 17, 2013

GID Acquires Two Luxury Towers in Manhattan




National Commercial Real Estate News From CoStar Group





GID Acquires Two Luxury Towers in Manhattan



Boston-based GID Investment Advisers LLC with equity partner CalPERS has acquired two trophy towers in New York's Upper West Side, The Ashley and The Aldyn, from a joint venture including Carlyle Investment Management LLC, RREEF America, and Extell Development Company.

GID has taken 209 residential units, retail space and a garage at the Ashley, located at 400 W. 63rd St., and 136 residential units and retail space in The Aldyn, at 60 Riverside...






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