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Gary Torgow's family’s Detroit-based Sterling Group development company is expanding its footprint along the Detroit River.
An affiliate of the group paid an estimated $5.5 million for more than three acres of west Detroit riverfront land from Detroit developer Peter Cummings, Crain's Detroit according to Crain's Detroit Business, which cites Wayne County land records. GRR Associates LLC, the buyer, is registered to Eli Halpern, Sterling Group's general counsel.
The Sterling Group is run by Torgow's children.
Kirk Pinho of Crain's writes:
The site, located at 701 W. Jefferson Ave. and 811 W. Jefferson Ave., is sandwiched between the site the Torgows are developing with high-end residential and hotel space and the Riverfront Towers apartment and condominium complex. Plans for it are not known. The listing also included marina rights
