Two Real Estate Forces Plan to Replace Office Building With Apartment Tower
Updated Feb. 23, 2014 9:39 p.m. ET
Two of New York's real estate families have joined forces to replace an obsolete office building in downtown Brooklyn with apartments and retail space, in the latest sign of the area's transformation from a place to work to a place to live.
Benenson Capital Partners LLC, a family-owned business with roots stretching back more than 100 years, and Rose Associates, another New York real estate dynasty, have razed the 175,000-square-foot...
via:http://online.wsj.com/news/articles/SB10001424052702303880604579401550894502122?mod=residential_real_estate&mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702303880604579401550894502122.html%3Fmod%3Dresidential_real_estate
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