PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • April 21st, 2011 • American Realty Capital New York Recovery Reit Inc • Real estate investment trusts • New York
THIS PURCHASE AND SALE AGREEMENT (this “Agreement”) is entered into as of the 22day of March, 2011, by and between 2061 86TH STREET LLC, having an address c/o Wharton Realty, 500 Fifth Avenue, 54th Floor, New York, New York 10110 (“Seller”), and AMERICAN REALTY CAPITAL III, LLC, a Delaware limited liability company authorized to transact business in the State of New York, having an address at 405 Park Avenue, 15th Floor, New York, New York 10022 (“Purchaser”), and, subject to Article 19, Purchaser’s permitted successors and assigns.
