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April 01, 2020  

Brooklyn Building Site Up for Grabs

A joint venture is marketing a waterfront development site in Brooklyn with an asking price of $165 million.The 2.5-acre parcel, at One Java Street in the burgeoning Greenpoint neighborhood, currently is occupied by a vacant warehouse. A buyer could raze the building and develop up to 645,000 square feet of commercial space. The asking price translates to about $255 per buildable foot.London investment manager JZ Capital and Brooklyn-based RedSky...

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