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New York

ING Clarion buys W’burg’s 44 Berry for $27M

Private real estate management firm ING Clarion Partners bought the 42-unit rental building at 44 Berry Street in Williamsburg for $27 million, the firm said in a statement today.

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The 54,000-square-foot, six-story former quinine factory building was developed by Cayuga Capital Management. The fully-leased building includes six retail spaces on the ground floor.

The building located at the corner of North 11th and Berr streets y, one block from McCarren Park, was constructed in 1919. TRD

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Cayuga Capital ManagementClarion Partners