MANHATTAN: Real Estate Investors By An Entire Greenwich Village Street For $32 Million
MANHATTAN (NYC) NY: A historic Manhattan street that boasts past occupants like Marlon Brando, poet E.E. Cummings and writer Theodore Dreiser has been scooped up in its entirety by an investment firm in a surprising low price of $32 million.
Firebird Grove purchased 11 townhouses on Patchin Place, a gated cul-de-sac in Greenwich Village, that is basically a secluded alleyway off West 10th Street, made up of commercial and residential units built in 1848, has remained fairly untouched since the 1920s.
The street is even lit by the city’s last remaining 19th-century gas streetlights, that have been converted to electricity.
The property is a popular stop for walking tours in the village and by the early 2000s had become offices for 15 psychotherapists.
On its website, Firebird Grove describes itself as “a next-generation real estate investment group that buys, modernizes, and operates medium to large scale assets.”
It’s unclear what Firebird Grove’s plans are following this investment.