RXR Realty paid $76M to Long Island University

RXR Realty through the entity RXR 196 Willoughby Owner LLC paid Long Island University $76.4 million for 1 parcel, including the tax class not available at 196 Willoughby Street in Brooklyn. The deal closed on July 18, 2019 and was recorded on August 05, 2019.

Over the past five years, there have been 2 NYC Department of Buildings permit applications filed for this parcel. There was one renovation/alteration project (A2) applied for with a total estimated value of $20,000.There has been one new building permit application totaling 368,950 square feet. Those plans include a total of 476 residential or hotel units.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link
Story link.