Nelson Management has acquired a 112,596-square-foot building.
The property owner and manager closed in late June on the $26.5 million purchase of the John Adams building from its previous owner, BlackRock Realty Advisors, the real estate arm of the investment management giant.
The deal had been in motion since January after the Forest Hills apartment building went on the market for $28 million, said Elizabeth Jaffe, a Nelson spokeswoman.
Nelson also secured $19 million in financing for the purchase from the New York Community Bank.