A&E Real Estate has completed its $116.5 million purchase of the 179-unit Rivers Bend building at 501 East 87th Street from the Soloviev Group. A&E has now acquired full ownership, assuming a $60 million Freddie Mac loan. The 22-story luxury building, developed by Sheldon Solow, features a rooftop pool, gym, and doorman service.
A&E Real Estate
