South Shore apartments sell for $22 million, as nearby Obama Presidential Center raises fears about displacement

South Shore apartments sell for $22 million, as nearby Obama Presidential Center raises fears about displacement

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A local apartment investor has greatly expanded its holdings in the South Shore neighborhood, paying $22 million for two properties close to the Obama Presidential Center, according to CoStar and county property records. New City Property Management bought Shorewind Apartments, a 16-story building…

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