North 10th Street Conversion Project Sells for $16 Million

The Greystone Company snatched up a five story Williamsburg building at 137-143 North 10th Street, currently a half finished conversion project. The Real Deal reports that the buyers paid $16 million for the site, an offer the previous developer “couldn’t pass up.” Previous plans called to convert this building into a luxury condo development, although the new developers haven’t announced if they’ll build out condo or rental units. It’s also unclear if the building designer will change or not. The estimated completion date for this one is the summer of next year.
Greystone Buys Williamsburg Conversion for $16M [The Real Deal]