Benny Fong’s purchase of a private club is now public. Fong’s Great Empire Realty bought the Down Town Association building at 60 Pine Street in Manhattan for $28.3 million, property records filed Monday show. The company will lease the landmarked property back to the club, according to a memorandum filed with the city’s Department of Finance. Fong’s Great Empire is based in nearby Chinatown. In Bensonhurst, the company is building a six-story mixed-use building and […]
source https://therealdeal.com/2018/09/24/benny-fong-buys-down-town-association-digs-in-sale-leaseback-deal/
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