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Property group to spend $23M to upgrade Hempstead apartments
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Property group to spend $23M to upgrade Hempstead apartments
A 420-unit apartment building at 100 Terrace Ave. in Hempstead will undergo $23 million in renovations after a New York City-based real estate firm announced its purchase on Jan. 6. Renovations will include revamped kitchens, added security, and elevator repairs, according to a release from Hudson Valley Property Group LLC, the company that recently acquired the property. “100 Terrace represents a critical component of the area’s affordable ho…
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