The Real Deal
Written by: Rich Bockmann
Williamsburg has notched its most expensive deal for an apartment building in two years amid swelling demand for multifamily investments.
HUBB NYC bought the 169-unit building at 247 North 7th Street for a little over $116 million from Greystar Real Estate Partners. It’s the most expensive multifamily deal in Williamsburg since January of 2020, when TF Cornerstone paid nearly $138 million to buy the building at 250 North 10th Street just a few blocks away.