Eastern Consolidated Negotiates $27 Million Sale of Development Site in Brooklyn

by Katie Sloan

New York City — Eastern Consolidated has arranged the sale of a block-front development site located at 286-298 and 300-306 Wythe Ave. in the Williamsburg section of Brooklyn.

Tri-Boro Shelving & Partition Corp. sold the site to Brooklyn-based North Development Group for $27 million. The site consists of two contiguous lots that together can support construction of up to approximately 51,200 buildable square feet of residential or commercial space with a community facility. Current zoning for the properties allows for residential and commercial development. Nicole Rabinowitsch and Gabriel Saffioti of Eastern Consolidated represented the seller and buyer in the transaction

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