Developer to pay $55 million for contaminated Greenpoint site
Brooklyn developer Yoel Goldman’s All Year Management is in contract to buy a 10-parcel site along the Greenpoint waterfront, according to The Real Deal.
Goldman signed an agreement earlier this month to pay more than $55 million for the site, which has addresses on Clay, Franklin and Dupont streets and now contains several low-rise warehouses, The Real Deal reported. The developer plans to do a full environmental cleanup before building a planned residential and retail complex containing two or more buildings. Other Goldman projects have included the Rheingold Brewery complex in Bushwick and a still-unfinished rental building at 436 Albee Square in Downtown Brooklyn.