Wednesday, October 3, 2012

Gowanus Development Moves: Powerhouse Sold

I must have missed this story somehow, because I don't recall seeing
anything on it, but this is a major development:
"After the sale of the powerhouse to Mr. Rechnitz's foundation, on
Friday Africa Israel USA closed the sale of an adjacent property which
was originally part of the same residential project. An undisclosed
buyer paid approximately $9 million for the industrial building at
420 and 430 Carroll Street."

Two big parcels.

Typos courtesy of my iPhone

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