The Lightstone Group is joining the ranks of companies launching Opportunity Zone funds, and their first investment is in Williamsburg. Lightstone and partner PKS Group plan to raise $500 million for the fund, the company told The Real Deal. Their first project will be a 203-key Moxy hotel in Williamsburg, the fifth Moxy location for Lightstone in New York City. It also has Moxy properties in Times Square and Chelsea, along with a pair of […]
source https://therealdeal.com/2019/03/28/lightstone-kicks-off-opportunity-zone-fund-with-hotel-project-in-williamsburg/
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