385 First Ave requiring Bitcoin for retail condo sales

Three retail condominiums at 385 First Avenue are up for sale for $29 million. There’s just one catch: only Bitcoin will be accepted. Magnum Real Estate Group is selling the property — also known as CODA — in partnership with brokerage Meridian Investment Sales and Bitpay, a cryptocurrency payment service, which will process the transaction. The condos cover 9,000 square feet and are fully leased by ProHealth, Mighty Pita and M&T Bank. Two of the