The Naftali Group closed on one of the last large-scale development sites on the Williamsburg waterfront. Miki Naftali’s development firm purchased the Rose Plaza site at 470 Kent Avenue for just over $102 million, the company announced Thursday. Naftali acknowledged the challenges the Covid-19 pandemic has presented to the development market, but said he sees strong demand for when the 470 Kent project eventually comes online. “These types of projects take years to design and
source https://therealdeal.com/2020/05/28/naftali-closes-on-large-williamsburg-development-site-for-100m/
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