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Correction: L3 Capital, ASB Mgmt Pay $86M for Lee Estate Portfolio in Brooklyn

$38M Redevelopment Planned for Williamsburg Mixed Use Commercial and Residential Package
By Justin Sumner
CoStar News
March 18, 2015 | 1:48 P.M.

Myron Holding Corp has sold The Lee Estate Portfolio, a diverse package of commercial and residential properties in Brooklyn, for $85.75 million to a joint venture of L3 Capital LLC and ASB Capital Management LLC, on behalf of its Allegiance Fund, a $5 billion core investment vehicle.

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