Sugar Hill Capital Partners buys Harlem apartment buildings for $250 million

A massive portfolio of Harlem apartment buildings has been sold for more than $250 million.

According to The Real Deal, Sugar Hill Capital Partners bought a collection of about 50 buildings, all located north of the northwest corner of Central Park.

Jay Solomon, Sugar Hill’s chief creative officer, told the publication:

Sugar Hill also owns a four-building portfolio in Upper Manhattan and Queens, which it acquired for $60 million. Last year, it bought a Crown Heights building at 932 Eastern…