Isaac Hager’s Cornell Realty Management sold off a piece of its 565-unit Crown Heights development site to Carmel Partners for roughly $40 million, sources told The Real Deal. Carmel paid a little more than $40 million, sources said, for the vacant lot at 46 Crown Street, where the developer can build a 390-unit rental building if a controversial rezoning gets the green light. Representatives for Carmel Partners couldn’t be immediately reached for comment, and Hager […]
source https://therealdeal.com/2018/07/31/isaac-hager-sells-crown-heights-development-site-for-40m/
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