Legion completes $95M assemblage on Madison Avenue

Legion Investment Group has finalized the acquisition of a prime development site in New York City for $90 million. The site spans 28,000 square feet and presents a strategic opportunity for the development of a luxury residential tower. Legion plans to capitalize on the site's desirable location between Midtown East and the Upper East Side, known for its proximity to transportation hubs and upscale amenities. This acquisition reflects Legion's commitment to expanding its presence in New York City's competitive real estate market by developing high-end residential properties to meet ongoing demand in the luxury segment. Read more on The Real Deal.