Century Management and Akelius Real Estate Managment begin Business Relationship

Century Management is happy to manage Akelius’ newest acquired Manhattan rental property, located in the Gramercy neighborhood on the lower-east side.

“In its third and largest New York City buy yet, Akelius Real Estate Management paid $167.5 million for the Petersfield, a 17-story rental building in the Gramercy Park neighborhood…” ; The U.S. arm of Swedish investment firm Akelius Residential Property has been ramping up its New York City property deals – this time, for a 199-unit, 185,000-square-foot property at 301 East 21st Street.”

May 11, 2015 08:30AM

By Mark Maurer for the Real Deal 

Read the entire article here : Akelius picks up Gramercy rental for $168M