Legion Investment Group has made a notable acquisition in Gramercy, purchasing two adjacent parcels located at 303-305 East 44th Street for $55 million. The parcels are slated for redevelopment into luxury condominiums, underscoring Legion's strategy to expand its presence beyond the Upper East Side into other desirable Manhattan neighborhoods. This acquisition reflects Legion's commitment to catering to the high-end residential market, adding to their portfolio which includes significant developments such as 109 East 79th Street and other projects in prime locations across New York City. The move highlights Legion's intent to capitalize on the demand for upscale living spaces in central Manhattan, enhancing their reputation as a leading developer in the city's competitive real estate landscape. Read more on Crains.