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Acadia Realty Trust, a property management company specializing in the development of shopping centers, has purchased more than two acres in Sheepshead Bay, Brooklyn, for $20.3 million. Also, Savanna Real Estate Fund has purchased a parking lot at Eighth Ave. and 30th St. for $27.8 million, where they plan to build a 20-story residential and retail building, and cashmere and luxury knit retailer and manufacturer TSE has signed a 10-year lease for a retail store at in Soho.
November 28, 2007 at 12:00 AM
1 minute read
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