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Developments of the Future?

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DDG is wasting no time getting in on the Hudson Square Rezoning action. The developer has approached the owners of three multi-family townhouses at 60-64 Watts Street to see if they will sell. Together, the properties have a 5,100-square-foot lot and 41,000-square-feet of unused air rights. One house as been offered $7 million, more than twice its appraised value, and the owners of all three are seriously considering the sale. [The Real Deal]