NYC Developer Buys Hackensack Building For $36M
Publish date: 2024-05-01
The VUE Hackensack on Polifly Road is now owned by Sutton Equity, whose executives claim the off-market purchase was motivated by New York City's recent rent control increase, according to the outlet.
The building has 78 units, most of which are two bedrooms in the 1,200 square feet range, Apartments.com says. The average monthly rent is $2,650.
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