Friday 31 August 2018

Aby Rosen flips 90 Sands Street for $35M profit

Aby Rosen’s RFR Realty has closed the sale of a former Jehovah’s Witness building to an affordable housing nonprofit. RFR sold 90 Sands Street in Dumbo for $170 million to Breaking Ground. The two sides were said to be in talks for the site last June, with Breaking Ground reportedly presenting a plan to the local community board for “low- to-moderate income and supportive housing” at the site. The transaction provides Rosen with a $35 […]



source https://therealdeal.com/2018/08/31/aby-rosen-flips-90-sands-street-for-35m-profit/

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