Friday, 17 April 2020

Rockrose closes $81M all-cash Brooklyn buy

Rockrose Development paid $81 million in cash to buy a development site in Brooklyn on the border of Fort Greene and DoBro. Rockrose Development closed on the purchase of a development site in Brooklyn for $81 million, all cash. The Elghanyan family firm bought the property at 98 DeKalb Avenue, and air rights from an adjacent property, sources told The Real Deal. The plan is to build a rental complex. With both transactions, the development



source https://therealdeal.com/2020/04/17/rockrose-closes-81m-all-cash-brooklyn-buy/

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