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Real Estate Rumors: Eastern Star, Sweetgreen, Pulte Homes

By Andrew McIntyre ( May 3, 2018, 3:27 PM EDT) -- An investor group led by Eastern Star Development has purchased a hotel in New York's Chelsea neighborhood from Salt Equities for $27.5 million, The Real Deal reported on Thursday, citing sources with knowledge of the matter. The deal is for Riff Hotel Chelsea at West 30th Street and Eighth Avenue, and the buyer venture plans to tear down the four-story hotel and build luxury condos at the site, according to the report....

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