In the world of mid-market New York City investment sales last week, Two Trees Management picked up two East Williamsburg warehouses slated to be replaced by condominiums, and Sterling Equities bought a newly-completed condo building in Boerum Hill.
1.) Two Trees Management paid $14.5 million for two one-story warehouses in East Williamsburg. In 2015, plans had been filed to demolish the 17,000-square-foot warehouses and replace them with a a 50,000-square-foot residential building.
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