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Longfellow Real Estate Partners’ stewardship of its first New York City purchase didn’t last long. Adam Sichol’s firm sold the Hatch Life Sciences Building at 43-10 23rd Street in Long Island City for $86.9 million, records show. The buyer was Pearl Realty Management’s Jack Guttman. Neither buyer nor seller responded to requests for comment from the Commercial Observer. Sculptor Real Estate, a partner to Longfellow in the property’s ownership, also did not comment. Longfellow splashed into the New York City real estate market in 2021, when it purchased a majority stake in the 200,000-square-foot property, owned at the time by […]

This article originally appeared on The Real Deal. Click here to read the full story.

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