Miki Naftali’s Naftali Group may be working to gather an assemblage of properties on the Upper East Side.

The Midtown-based developer picked up the four-story, 3,500-square-foot townhouse at 235 East 72nd Street, paying $10.1 million to Donna and Hayward Pressman, who bought the property back in 1996 for $745,0000.

Naftali is looking to acquire other properties on East 72nd Street, the New York Post reported, citing unnamed sources.

Toll Brothers, also seeking to build an assemblage in the area, reportedly bid on the property as well, according to the Post.

The Naftali Group has struggled with a water leak at its Landmark Park Slope luxury rental building, which has caused tens of thousands of dollars in damage. [NYP] – Ariel Stulberg

 

 

Source: Naftali Group assembling East 72nd St. properties: report