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Another Brad Zackson deal tops NY’s mid-market investment sales
His team closed on another parcel for the massive Fordham Landing project
Another deal from Dynamic Star–led by Brad Zackson, Gary Segal and Penny Lee–for its Fordham Landing project leads The Real Deal’s latest roundup of mid-market investment sales. Other deals included a commercial building in Clinton Hill and a medical office building in Hudson Heights. Here are the details:
- Dynamic Star closed on an 11-acre waterfront parcel in the Bronx, which it bought from CSX Real Estate for $31.75 million. The land is addressed at 2475 Exterior Street, and it is the largest development site in Dynamic Star’s Fordham Landing assemblage. The property previously served as a convenience spur for CSX freight service and was more recently used as a salt storage facility by Akzo Nobel Salt. Fordham Landing is a massive development that Dynamic Star is planning along the Bronx waterfront that would include affordable and market rate housing, a public school, a life sciences research center and an urban farm, among many other features.
- The Daten Group bought a one-story commercial building at 540-554 Waverly Avenue in Brooklyn’s Clinton Hill neighborhood for $17.25 million from Verizon New York. The company is planning to build a nine-story mixed-use property on the lot.
- Healthcare Trust of America bought a two-story medical office building from the Health Insurance Plan of Greater New York for about $11.7 million. The property is located at 4337 Broadway in Manhattan’s Hudson Heights neighborhood. It spans just under 11,000 square feet, according to the city.