The Post reports that the deal went down this past Monday, for a whopping $23 million...in cash.
Jared Epstein, vice president of Aurora, confirmed the parties closed the all-cash transaction on Monday. While acknowledging that several national tenants are interested, he would not confirm any retail deals. Epstein did say a third of their $40 million, 150,000-square-foot development will have luxury rental apartments.
Other sources say the Whole Foods will have a 9,000-square-foot entrance on the ground floor with the remaining 30,000 square feet underground. Retail asking rents are $150 a square foot on the ground, with much less for the upstairs and downstairs portions. [NYPost]
Look out, Duane Reade. Looks like that crazy, walk-in beer refrigerator will no longer be the fanciest thing on the block.
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