Wednesday 31 October 2018

Parkoff Organization in contract to buy 400+ unit multifamily portfolio for $115M

The Parkoff Organization has a deal in place to buy a multifamily portfolio with more than 400 apartments across Brooklyn and Queens for $115 million. The Great Neck, Long Island-based investment firm is in contract to purchase a package of five pre-war elevator buildings concentrated in Southern Brooklyn and Eastern Queens from longtime owner Morris Weintraub Associates, sources told The Real Deal. Representatives for Parkoff and Weintraub could not be immediately reached for comment. The […]



source https://therealdeal.com/2018/10/31/parkoff-organization-in-contract-to-buy-400-unit-multifamily-portfolio-for-115m/

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