A Greenpoint loft complex that had long been known for building violations traded hands for $33 million. Workable City Development and Rabina Properties partnered to buy 239 Banker Street, securing $24 million in financing from M&T Bank, according to property records filed with the city Wednesday. The four-story, 69-unit rental complex had once been a factory and was illegally converted into apartments. Josh Rabina, president of the family-run investment and development firm Rabina Properties, confirmed
source https://therealdeal.com/2019/10/09/workable-city-rabina-properties-pick-up-greenpoint-loft-complex-for-33m/
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