One Brooklyn Bridge Park struggling

Two-thirds of the 449 condos at One Brooklyn Bridge Park have yet to be sold. Many of the building’s customers were Wall Street employees, said Robert Levine, CEO of developer RAL Companies & Affiliates. Complicating things further is the fact that the development got some of its financing from a $300 million fund through the embattled insurance company AIG. The most expensive unit in the 14-story building is on the market for close to $1,684 per square foot, three times higher than Brooklyn’s average price.

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