The company originally planned to convert the building into creative office space but has instead hired a Cushman & Wakefield team to market the property, according to Crain’s. The vacant building near the Brooklyn Navy Yard spans more than 200,000 square feet.
A Cushman team led by Adam Spies, Adam Doneger and Josh King are marketing the property with an asking price of north of $70 million. Madison paid $45 million in 2015 for the property. The company has made some renovations to the building, but they have not done a full office conversion. [Crain’s] – Eddie Small