Blackstone buys $171.4M Goldman Sachs stake in The Suffolk in Lower East Side
Blackstone Group through the entity Strategic Partners Real Estate VIII Investments acquired an interest from Goldman Sachs through the entity UIG BSPI Holdco LLC valued at $171.4 million for the two residential bulk condominium units at The Suffolk, at 55 Suffolk Street in the Lower East Side, Manhattan. The building is divided into four commercial condominium units. Blackstone bought its stake in the two residential…

