SL Green buys first residential building in Brooklyn
SL Green Realty Corp., owner of the iconic Downtown Brooklyn commercial building at 16 Court St., reports it has signed an agreement to acquire a newly completed but vacant residential building in Williamsburg.
It is the firm’s first foray into residential ownership in the borough, according to Brett Herschenfeld, senior vice president at SL Green, in a published statement.
He also said the transaction is expected to close in the first quarter of 2013.
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