Thursday 23 July 2020

Record-setting multifamily deal comes together in Brooklyn for $1.25B

New York City’s flatlining real estate market is about to get a jolt. Months into a languor brought on by the coronavirus, one of Brooklyn’s biggest landlords has struck a deal to sell a portfolio of rental buildings for $1.25 billion, sources familiar with the transaction told The Real Deal. It’s the first such deal of its size to come together in the past year, and among the largest multifamily deals ever in Brooklyn. Joseph



source https://therealdeal.com/2020/07/23/record-setting-multifamily-deal-comes-together-in-brooklyn-for-1-25b/

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