North River Investment Company closes on the Purchase of a Residential Building Manhattan

Nov. 15, 2010 - PRLog -- North River Investment Company, LLC has closed on the purchase of a 22 unit, multi-family residential building at 630 East 9th Street in the East Village section of Manhattan. Mortgage financing has been provided by Amalgamated Bank.

North River Investment Company is undertaking a capital improvement program of the property that will include refacing the building’s front facade, installation of a new entrance way, and redecoration of the entrance vestibule and common corridors. North River Property Management LLC will manage the property.

Richard Horowitz of Cooper Horowitz, Inc. acted as mortgage advisor to North River Investment Company LLC.  Geoff Ross of Cubed Advisory LLC is acting as design consultant.

North River Investment Company, LLC is a New York City-based commercial real estate investment and advisory firm.  Founded in 2006, North River works with private and institutional investment partners to acquire and manage core and core-plus multi-family and retail property investments in New York City and New England.

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About North River Investment Company, LLC:
North River Investment Company, LLC is a New York City-based commercial real estate investment and advisory firm. Founded in 2006, North River works with private and institutional investment partners to acquire and manage core and core-plus multi-family and retail property investments in New York City and New England.