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Borough Developers Bet Big in Downtown Brooklyn | Real Estate News
Borough Developers just splashed $83.5 million on two Downtown Brooklyn sites, poised to build three 99-unit residential towers — a savvy play to dodge higher wage mandates while still delivering new housing. This isn’t their first big move: they nabbed a $139M 99-year lease in Fort Greene last May. Meanwhile, FBL Development is filing plans for a 30-story tower with 158 units, complete with a golf simulator and pool — signaling that Downtown Brooklyn’s construction boom is only getting hotter. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on…
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