Equity Residential Closes on Third Apartment
Tower in Manhattan Portfolio Acquisition
March 31, 2010 04:45 PM Eastern Daylight Time
CHICAGO--(EON: Enhanced Online News)--Equity Residential (NYSE: EQR) today announced that the
company has closed on its previously announced acquisition of Longacre House, a 293-unit apartment tower located
in Midtown Manhattan. On February 1, 2010, Equity Residential announced that it had acquired two Manhattan
apartment towers (RiverTower and 777 Sixth Avenue) and signed a contract to acquire this third tower.
Equity Residential now owns and operates 26 properties, consisting of 7,320 apartment units, in the New York
Metro Area, including 14 properties consisting of 3,825 apartment units in Manhattan.
Equity Residential is an S&P 500 company focused on the acquisition, development and management of high quality
apartment properties in top U.S. growth markets. Equity Residential owns or has investments in 494 properties
located in 23 states and the District of Columbia, consisting of 136,886 apartment units. For more information on
Equity Residential, please visit our website at www.equityapartments.com.
Contacts
Equity Residential
Marty McKenna, (312) 928-1901
Permalink: http://eon.businesswire.com/news/eon/20100331006860/en