SL Green, Kushner are selling their Gowanus development site to a familiar face

SL Green Realty and Kushner Companies has reached a deal to sell their Gowanus development site to Aby Rosen’s RFR Realty, according to a new report. The two companies bought the 140,000-square-foot parcel at 175-225 3rd Street, across the street from Whole Foods, for $70 million in 2014. One source told Crain’s that RFR is rumored to be paying $120 million. SL Green owns 95 percent of the property and Kushner the small minority stake. […]

Source: Real Estate

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