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Sign in Sign up for a FREE subscriptionOptimum creates New York JV with German pension fund
Optimum Asset Management has created a joint venture (JV) partnership with a German pension fund to deliver a residential condo development in New York City.
The $150 million development will comprise nearly 130,000 square feet and is located at 222 East Broadway, on Manhattan’s Lower East Side.
Optimum plans to sell the completed condominium units over a three-year period.
