Legion Investment Group has expanded its footprint on the Upper East Side with the acquisition of 1128 Madison Avenue for $47.5 million. This purchase adds to their ongoing assemblage efforts in the neighborhood, which already include neighboring properties such as 27 East 61st Street and 145-151 East 60th Street. The newly acquired site, a six-story mixed-use building with retail space on the ground floor and residential units above, presents further opportunities for Legion to enhance their development portfolio in one of Manhattan's most prestigious residential districts. The acquisition aligns with Legion's strategy to bolster their presence in New York City's luxury real estate market by strategically consolidating properties for future upscale residential projects. Read more on Crains.