Friday 6 December 2019

Billy Macklowe looking to break into Brooklyn

Billy Macklowe is making his foray into Brooklyn. The developer’s William Macklowe Company is making a bid to buy a 1.5 block-long site in Park Slope where he can build a 300,000-square-foot mixed-use condominium project, Commercial Observer reported. The seller of the site at 120 Fifth Avenue is Avery Hall Investments, which secured a zoning variance for the site. Avery Hall paid $45.6 million to buy the property in 2017, and could sell it for



source https://therealdeal.com/2019/12/06/billy-macklowe-looking-to-break-into-brooklyn/

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