Extending Greek life at 720 E. Lester Street

Third of the four properties bought

4-units, 20 bedrooms at 720 E. Lester St. for $1.4 million

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The buyers were intrigued by the housing concept and the fact that all four properties have waiting lists, said Allan Mendelsberg, a broker with Picor, who represented the buyers.

“These homes are basically party homes, occupied by former fraternity and sorority members to live together,” he said.