The Related Companies sold two rent-stabilized Bronx buildings to L.A.L. Property Management Corporation for $25 million, the buyer confirmed to The Real Deal. The buildings at 213-217 West 238th Street and 3800-3806 Bailey Avenue contain a total of 122 rental apartments, and Related purchased them from Josh Gotlib's Black Spruce Management in 2015 for $19.5 [...]
