search

The Real Deal Logo

Trending

Rent board’s 4% hike will “plunge” buildings into distress: landlordsRent board’s 4% hike will “plunge” buildings into distress: landlordsH-E-B snags 21 acres in Celina, hinting at development boomH-E-B snags 21 acres in Celina, hinting at development boomLawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aHGTV’s “Mr. Flip It” gets four years in jail for $10M fraudHGTV’s “Mr. Flip It” gets four years in jail for $10M fraud
New York

New owner for rundown complex

Sign Up for the undefined Newsletter

Omni New York LLC will buy the 385-unit Noble Drew Ali Plaza housing complex in the Brownsville section of Brooklyn. The $21 million sale will result in a revamp of the property, which the Village Voice identified as having one of the city’s worst landlords. Omni is co-owned by former Mets star Mo Vaughn. more [NYDN]