Toby Moskovits (Credit: Ashley Walker), David Rubenstein and a rendering of 25 Kent Avenue (Credit: Lifang)
Rubenstein Partners, a Philadelphia-based real estate investor, is buying a stake in Toby Moskovits’ 25 Kent Avenue, a 400,000-square-foot speculative office project in Williamsburg. Rubenstein’s deal for an undisclosed stake in the project values it at $130 million, Crain’s reported.