August 8, 2017

Two Trees Management paid $14.5 million for two one-story warehouses in East Williamsburg

Property News

The Real Deal

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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