Acadia Realty Trust and Washington Square Partners are looking to sell their majority stake in affordable housing building in the City Point megacomplex in Downtown Brooklyn, The Real Deal has learned. The 23-story, 230,000-square-foot property at 7 DeKalb Avenue opened in March 2016 as the first phase of the three-building, 1.8 million-square-foot development. Of the 250 apartments, 200 – or 80 percent — are affordable. The developers hired a CBRE team led by Darcy Stacom […]

Source: trdnews

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