The Miles + The Parker (Putnam Portfolio)

341 and 64

Number of units

358k SF and 36k SF

Property size

October 2019

Acquisition Date

The Miles and The Parker are two mixed- income properties that consist of 341-units and 64-units respectively. Located in Manhattan’s East Harlem neighborhood, both properties were originally constructed in 1975 and taken out of the Mitchell-Lama program in 2005. LMFM acquired the property as part of the Putnam Portfolio, a five-property, 2,769-unit multifamily portfolio located throughout Manhattan and preserved its long-term affordability. The Putnam Portfolio consists of The Crossing, The Heritage, The Landings, The Miles and The Parker.