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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Shipping out: Amazon contractor moving distribution center to Ridgewood LaserShip, a Virginia-based package delivery service and major Amazon contractor, inked a 10-year lease to fully occupy a Ridgewood warehouse as its newest distribution center, The Real Deal has learned. Pinnacle Realty’s David Junik and Mark Caso represented the landlord, while Arthur Spitalnick of the Kaufman…
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Greenwich Village Chocolatier Opts for Move to Brooklyn Koppers Specialty Chocolate, a company based in Greenwich Village since 1937, is relocating to Liberty View Industrial Plaza, a 1.8-million-square foot building in the Sunset Park section of the borough. “It’s the classic development story,” Frederic Stein of Pinnacle Realty, who represented Koppers owner Jeff Alexander…
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