The Traderszone Network

Published in TZ Latest News 1 December, 2016 by The TZ Newswire Staff

Brooklyn Law School sells DoBro site to developers for $76.5M

A trio of investors led by Avery Hall Investments bought a development site from Brooklyn Law School for $76.5 million at One Boerum Place, where they plan to develop a 160,000-square-foot mixed-use building. The deal comes at a time when investors and lenders are weary about getting into new development projects, especially in place like Downtown Brooklyn where a huge supply of new rental product is coming online.

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