Boaz Gilad’s Brookland Capital, which has cut a swathe through Brooklyn from Prospect Heights to Flatbush with more than 40 active projects, is now expanding to East Williamsburg. The firm is in contract to purchase a former condensed milk factory at 850 Metropolitan Avenue, which it plans to convert into a 36-unit condo building, The Real Deal reported.

Brookland will pay just under $10,000,000 for the 28,000-square-foot factory, which currently houses knitwear manufacturer Rags Knitwear. “It’s got a great industrial feel,” the paper quoted Gilad as saying of the building.

The 28,000-square-foot property is currently home to a knitwear manufacturer called Rags Knitwear. Other Brookland Capital projects include 531 Vanderbilt Avenue, 735-737 Bergen Street, 691 Marcy Avenue and 1255 Bushwick Avenue, among others.

Got Milk? Brookland to Build 36-Unit Condo in East Williamsburg [TRD] GMAP


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