United American Land paid Brooklyn Law School $10.7 million for a 12-story dormitory building at 184 Joralemon in Brooklyn Heights which was caught up in a nasty contract dispute, according to The Real Deal.
The buyer plans to renovate the 23-unit building, "and introduce modern, luxury residential rentals, which are in great demand in this Brooklyn Heights submarket."
More details here.
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Wednesday, September 21, 2011
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