Less than a month after selling a more than $250 million apartment portfolio, Irving Langer’s E&M Associates is at it again.

The company is selling 21 residential and retail buildings in Harlem to Black Spruce Management and NYC Housing Partnership for $76.25 million, according to sources familiar with the deal. The partners intend to maintain the properties as rent-stabilized affordable housing units for the long term.

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By: Eddie Small