New Owners Officially Take Control of Federal #2
The Economic Development Corporation’s sale of the 1.1 million-square-foot warehouse at 32nd Street and 3rd Avenue to Salmar Properties hit public records earlier this week. The new owners paid $9.1 million for the property, known as Federal #2, and are supposed to turn it into a “state-of-the-art industrial center.” City: Sunset Park Warehouse to be…
The Economic Development Corporation’s sale of the 1.1 million-square-foot warehouse at 32nd Street and 3rd Avenue to Salmar Properties hit public records earlier this week. The new owners paid $9.1 million for the property, known as Federal #2, and are supposed to turn it into a “state-of-the-art industrial center.”
City: Sunset Park Warehouse to be Redeveloped [Brownstoner]
Federal Building #2 For Sale Once More [Brownstoner] GMAP
Time Equities Bails on Bush Terminal Plans [Brownstoner]
Photo from PropertyShark.
What's Your Take? Leave a Comment