The Real Deal New York

Heritage Equity in contract for $29.5M East Williamsburg site

Propety could hold 170,000 square feet of development
November 05, 2014 09:03AM

Heritage Equity Partners is buying an East Williamsburg site for approximately $29.5 million. The developer is planning to build out office space for technology and creative firms at 215 Moore Street, according to the New York Observer. The 2.3 acre-site can hold 170,000 square feet of development. The property, which was listed for $30 million, houses five industrial buildings totaling 47,000 square feet, according to the newspaper. Massey Knakal Realty Services marketed the site on behalf of Cooper Tank & Welding Corp. Epic Commercial Realty’s Seth Peyser represented Heritage Equity chief executive officer Toby Moskovits. [NYO] — Claire Moses