Development firm Waterbridge Capital is in contract to drop a whopping $100 million on three properties along Williamsburg's North 3rd Street and Berry Street. The neighborhood is booming, but industry experts are still somewhat shocked at the price, which works out to almost $1,000 per square foot. The properties have 41 rental units, several successful commercial tenants, and net about $4 million in annual income. [TRD]
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