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Rabsky Plans Office Conversion At 285k Sf Williamsburg Site

Rabsky Plans Office Conversion At 285k Sf Williamsburg Site

By

Carolina Bergara

December 31, 2015

Rasby Plans Office Conversion at 285k SF Williamsburg site:

Rabsky Group is closing in on the purchase of an East Williamsburg warehouse for about $48 million, with plans to reposition it as a office-and-retail property spanning as much as 285,000 square feet, sources said.

The deal is expected to close in February for roughly $170 per buildable square foot, shortly after M. Fried vacates the property. Pinnacle Realty’s David Junik and Abraham Lowy, who brokered the deal, declined to comment.

Read more at The Real Deal

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