New York investment firm buys 10-building apartment community in Houston, plans renovations
Fairstead owns about 14,000 apartments across 18 states, including about 3,500 apartments in New York City. One of their first major purchases in the five boroughs was the $315 million acquisition of the Savoy Park Apartments, a 1,790-unit rent-regulated complex in Harlem, in 2016.
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