Alloy Development is purchasing a pair of interconnected buildings in Dumbo for more than $50 million. The company is in contract to buy 42 Jay Street and 50 Jay Street from Phoenix House, an organization that helps people struggling with substance abuse, according to property records and sources familiar with the deal. The building at 50 Jay Street stands five stories tall, while the building at 42 Jay Street stands seven stories tall. Phoenix House put them on […]
source https://therealdeal.com/2018/07/17/3303323/
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