London based private equity firm Quadrum Global just shelled out $45.5 million for a two-story warehouse on Greenpoint's West Street, and plans to build rentals or condos on the site. The parcel, which is near the waterfront and the East River ferry, could accommodate a building of up to 430,000 square feet, more than twice the size of what's there now. It's also a stone's throw from towertastic megaproject Greenpoint Landing. Housing, housing for everyone! [TRD; previously]
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