The former “Red Square” building in the East Village has a new owner. Atlas Capital Group snapped up the multifamily rental building at 250 East Houston Street for $112 million, The Real Deal has learned. Dermot Company and Rockwood Capital put the 13-story, 130-unit property on the market this fall. The property is perhaps best known for its former life as the “Red Square” building. Developed in the early 1990s by Michael Shaoul and Michael Rosen, the building once featured an 18-foot statue of Vladimir Lenin perched atop the roof — a nod, Rosen once told The New York Times, […]

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