Billy Macklowe and David Welsh have closed on the acquisition of a controversial Park Slope development site for just over $59 million. The William Macklowe Company and Welsh’s newly formed Senlac Ridge Partners completed a deal on Friday for the buy of a Key Food grocery store from Avery Hall Investments, according to sources. The firms will jointly develop the property at 120 Fifth Avenue, which is about five blocks south of Barclays Center. The
source https://therealdeal.com/2020/04/28/billy-macklowe-david-welsh-close-on-brooklyn-dev-site-buy/
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