Andrea Rosen and Luhring Augustine Sell Chelsea Building for 1,650% Return

May 3rd, 2018

Luhring Augustine, via BloombergA piece in Bloomberg this week notes that the sale of the building shared by Andrea Rosen and Luhring Augustine Gallery earned 1,650 percent return on the approximately 10,000-square-foot former garage.  The sale was financed by a $25.5 million loan from a fund administered in part by the family company of Jared Kushner. “It feels like it’s time to make the change,” Roland Augustine says.

Read more at Bloomberg