The Orbach Group, an Englewood Cliffs real estate firm, announced on March 14 it paid about $70 million for The Hamilton apartment buildings, individually known as 210, 220, and 230 West 107th St. in New York, from Dermot Co., a New York real estate developer.
NPS Acquires Gattex Rights
NPS Pharmaceuticals in Bedminster announced on March 19 it acquired the rights to gastrointestinal medicine Gattex, also known as Teduglutide, from Takeda Pharmaceuticals in Deerfield, Ill., for about $50 million in NPS common stock. Another $30 million in stock will be based on profit.
Utility Buys Water Systems
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