One of Gramercy Capital's (GKK) larger owners uses the recent big run-up in the stock to lighten...

|About: Gramercy Property Trust,... (GPT)|By:, SA News Editor

One of Gramercy Capital's (GKK) larger owners uses the recent big run-up in the stock to lighten up on his holdings. Kwon Uk Choi sold 780K shares (13D) over the past couple of weeks, bringing his stake down to about 6% of the company.