未分类

Barone Management

Scott Barone and the Angel Guardian Home at 6301 12th Avenue (Credit: Google Maps)

Scott Barone’s Barone Management closed on the $37.阿爱上海同城

阿拉爱上海同城
5 million acquisition of the former Angel Guardian home in Dyker Heights from the Sisters of Mercy, the company said Thursday.

Barone plans to build a 300,000-square-foot mixed-use project at 6301 12th Avenue including 150 market-rate condos along with affordable rental units, senior housing and a school. Construction is set to start in 2019.

According to Barone, the sale includes a deed restriction requir爱上海同城对对碰

爱上海同城论坛
ing 15 percent of residential units to be affo上海千花网交友

上海千花网论坛
rdable. 60,000 square feet will be set aside for the school and senior housing.

Madison Realty Capital funded the acquisition with a $27 million loan package.

Brooklyn Paper first reported Barone’s development plans. Some local residents opposed the construction project and pushed for the property爱上海同城对对碰

爱上海同城论坛
to be landmarked.

“We’ve been working closely with local elected officials and community leaders for months in order to craft a plan suited to meet the specific needs of local residents,” Scott Barone said in a statement.

CBRE上海龙凤论坛

新上海贵族宝贝论坛
s Daniel Kaplan, Tim Sheehan and John Reinertsen marketed the property.

In June, Barone bought two Jamaica development sites for $20 million with plans for two apartment buildings and a charter school.

Tags: Barone Management
We are having some technical difficulties. Try again later.

By clicking Subscribe you agree to our Privacy Policy.

Leave a Reply

Your email address will not be published. Required fields are marked *