Bidding war for Concord Street development site
Eye On Real Estate
There was a bidding war for 180 Concord St. — one of the last development sites in a corner of Downtown Brooklyn that’s in the midst of a construction boom.
“This area is a little pocket people hadn’t discovered yet,” said Grant Dolgin, a vice president of Kalmon Dolgin Affiliates, the real estate firm that brokered the $4.5 million transaction.
The neighborhood where it’s located, Bridge Plaza, has become a draw for developers since its upzoning several years ago from a light manufacturing district to medium-density districts allowing residential and commercial uses.