A 160,700-square-foot development site in Sunset Park traded hands for $51.5 million. Developer Andrew Kohen once planned to build a Home Depot and 11-story residential building on the site, which is located at 6200 Eighth Avenue between 61st and 64th streets, but he put the plans on hold when the economy tanked. The property is still zoned for manufacturing, and the new owners bought it under an LLC. [TRD]
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