The Jay Group in November secured a massive construction loan for a project on the Greenpoint waterfront. Now, it has the site to match. Jacob Kohn’s firm acquired the lot at 97 West Street in the Brooklyn neighborhood from Jack Guttman’s Pearl Realty Management for $130 million, the Commercial Observer reported. Pearl Realty had owned the site since 2001, when it acquired the lot between Greenpoint Avenue and Milton Street for $7 million. None of the parties involved in the transaction commented to the publication. The sale was disclosed in city records on Monday. Last month, the Jay Group landed […]

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