Meridian Properties bought a pair of rent-stabilized buildings in Brooklyn for $35.25 million, despite several worries about how active the rent-stabilized market will be in the wake of all the new rent laws passed by the state, according to sources familiar with the deal. The firm closed Friday on 441 Ocean Avenue and 1745 Caton Avenue, which are located about a block apart from each other in Prospect Park South. The Ocean Avenue building contains […]
source https://therealdeal.com/2019/07/02/meridian-properties-buys-pair-of-rent-stabilized-buildings-for-35m/
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