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Meadow Partners acquired 305 E. 11th St. and 310 E. 12th in Manhattan's East Village for $58 million

Meadow Partners Adds Adjacent Residential Buildings to East Village Portfolio

Meadow Partners acquired 305 E. 11th St. and 310 E. 12th St., adjacent multifamily residential buildings in the East Village for approximately $58 million. 60 Guilders is Meadow’s operating partner for the 89-unit property, which marks Meadow’s ninth investment in the East Village. 

Jeffrey Kaplan, managing partner of Meadow Partners, said, “The East Village is one of lower Manhattan’s most popular neighborhoods with a unique selection of restaurants, shopping and social life options that appeal to a diverse tenant group. This off-market transaction is a testament to Meadow’s strong relationships with leading owners and developers throughout New York City and the deep experience we bring to investing in the East Village for the past 13 years.” 

An affiliate of Cerberus Capital Management provided debt financing to support the acquisition. Meridian Capital Group’s David Schechtman, Abie Kassin, and Lipa Lieberman arranged the sale on behalf of longtime owner Emor Management.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
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