It was no home run for the sellers. Four rent-stabilized apartment buildings in Highbridge, just a short walk from Yankee Stadium, changed hands last Friday in a deal that capped years of legal battles and sinking values. The mid-rise walkups, which together hold roughly 263 apartments, were sold by landlords tied to Emerald Equity Group, Morris Weinberg and Isaac Kassirer to Longacre Asset Management for about $10.7 million, a steep loss that highlights the squeeze on owners of rent-regulated housing.
Sale details and financing
According to Crain’s New York Business, City Register records show the sale closed on Feb. 20 and covers 1220 Shakespeare Ave., 1187 Anderson Ave., 1210 Woodycrest Ave. and 1230 Woodycrest Ave. Filings indicate the purchase…..