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388 Bridge St. 90% Leased; Developer to Luxurify Buildings

DOWNTOWN BROOKLYN—Sales and rentals are going well at the borough's tallest tower, 388 Bridge Street, where 90-percent of it its 234 rentals are now leased. The 20 remaining apartments vary in size from 491-square-feet to 1,141-square-feet, with prices ranging from $2,835 to $2,880 for a studio, $3,495 to $3,840 for a one-bedroom, and $5,035 to $5,760 for a two-bedroom. The tower passed the 75-percent leased mark in mid-July. [CurbedWire inbox; previously]

ALL OVER—The luxurification of the city continues as Slate Property Group announces they have acquired four apartment building, three in Manhattan at 342 East 85th Street and 1908 & 1910 Third Avenue, and one in Brooklyn at 457 15th Street that they will "reposition" to create high-end rental apartments. The renovations will include reconfiguring floorplans, and upgrading appliances and finishes. The acquisition cost the development company some $30 million, with the group poising to spend another $60 million on similar properties in the coming months. [CurbedWire inbox]

388 Bridge Street

388 Bridge St, Brooklyn, NY 11201