Rasby Plans Office Conversion at 285k SF Williamsburg site: Rabsky Group is closing in on the purchase of an East Williamsburg warehouse for about $48 million, with plans to reposition it as a office-and-retail property spanning as much as 285,000 square feet, sources said. The deal is expected to close in February for roughly $170…
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Meadow Buys Former Williamsburg Pleating Factory For $42m Meadow Partners paid $42 million for a South Williamsburg office building adjacent to a Menachem Stark-developed rental property the firm bought last year, The Real Deal has learned. Pinnacle Realty’s David Junik and Decio Baio were the brokers on the deal. Read more at The Real Deal
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Pinnacle Realty of New York, LLC announced the following transactions: Sale of a 10,000 sq. ft. building with a 5,000 sq. ft. lot at 237 Kent Street, Brooklyn, NY to Akro Development LLC for $2,650,000. George Margaronis, partner along with Brendan Burke and Paul Bralower, senior directors, represented the purchaser in the transaction. Read more…
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Pinnacle Realty of New York, LLC., announced the following transactions: Although LIC is rapidly changing into a residential neighborhood, elements of the past remain. This month, Pinnacle Realty of New York, LLC also closed a transaction for an industrial building at 43-10 10th Street. Decio Baio, Gary R. Blum, George Margaronis and Michael Prange sold…
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