Brooklyn investor Shimshon Grunstein has inked a 99-year ground lease at a Mott Haven property, according to sources familiar with the deal. Grunstein received the lease for 550 Trinity Avenue and 571 Jackson Avenue from landlord M&R Friedlander Supply Company, and he plans to build a multifamily development on the site. The roughly 15,000-square-foot lot is currently home to a one-story warehouse, and it allows for up to about 73,000 as of right buildable square […]
source https://therealdeal.com/2019/02/25/brooklyn-investor-planning-multifamily-project-in-mott-haven/
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