Crown Acquisitions, LTNG in contract to pay $7.55M for Forest Hills retail

Crown Acquisitions, the investment firm LTNG and Michael Meyer, are in contract to pay $7.55 million for retail and office condominium units at 69-30 Austin Street in Forest Hills, Queens, from the nonprofit Bramson Ort Technical Institute.

The sale is expected to close by September 30, 2021. The sale was disclosed in a court filing seeking approval for the nonprofit to sell its assets. LINK

LTNG’s members are Nissim Ben Nun, Alon Yaacoby, Oded Ben Nun and Asaf Ben Nun.

Direct link to Acris document. link