After years of planning, Somerset Partners and the Chetrit Group are walking away from one of the most ambitious real estate projects in the history of the Bronx. The partners are selling their development sites at 101 Lincoln Avenue and 2401 Third Avenue to Brookfield Property Partners for $165 million, the New York Post reported. Chetrit and Keith Rubenstein’s Somerset planned to build seven towers with 1,300 market-rate rental units on the sites, which sit […]
source https://therealdeal.com/2018/04/04/chetrit-somerset-sell-massive-bronx-site-to-brookfield/
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