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Whoa DoBro

With all the development going on in Downtown Brooklyn, available parcels on which to build are few are far between. That's why a one-story storage facility on Concord Street attracted a bidding war and sold for $4.5 million, all cash, to a developer eyeing residential plans. Meanwhile, a vacant lot on Schermerhorn just hit the market, with potential buildable square feet totaling 90,672, and it could go for as much as $26 million. [Brooklyn Daily Eagle and Commercial Observer; previously]