$17M for Retail at Christie Place Across from Scarsdale’s Metro-North Station

Crow Holdings Capital, a private equity fund based in Dallas, paid $17.2 million for Christie Place, a 12,731-square-foot, fully leased, transit-oriented retail condominium at One Christie Place in downtown Scarsdale, NY, according to reporting in Westfair Business Publications.

The retail condominium is on the ground-floor of the Christie Place residences, finished in 2008 across the street from Scarsdale’s Metro-North rail station.

“There is still strong demand for transit-oriented properties of all types… The irreplaceable location coupled with the quality of the tenants attracted interest from both institutional and private investors,” said Stephen Simonelli, senior director for Holliday Fenoglio Fowler, who with Jose Cruz, Jeffrey Julien, Kevin O’Hearn and Michael Oliver represented the seller, Ginsburg Development Companies.

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