Robert Scarano and renderings of the Modern at 205 North 7th Street
The slick residential building known as the Modern, originally designed by
controversial architect Robert Scarano and located at 205 North 7th Street in
Williamsburg sold Monday for $2.9 million to a group of investors.
The buying entity called North 7 Acquisition LLC paid $2.35 million for the
note held by Hudson Valley Bank, that had a $3.3 million face value, and paid
$575,000 for the property, Jonathan Wachtel, managing member of the seller
Lucky Boy Development, said. There was no broker on the deal.
Comments
