A vacant site fully approved for development in Brooklyn, New York, has been sold for $48.25 million, with the buyers planning to turn it into a mixed-use residential and commercial property. The neighborhood, Williamsburg, is said to have a growing population of high-income residents.
Developers plan mixed-use project in Brooklyn’s fast-growing Williamsburg
Joyland Group, Prospect Development buy vacant, construction-ready site for $48.25 million
By Andria Cheng
CoStar News
December 4, 2024 | 5:37 P.M.
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