Real Estate Rumors: Abingdon Square, Madison, Goldman

Law360 (November 8, 2019, 4:50 PM EST) -- Developer Abingdon Square Partners has reached a deal to lease a pair of warehouses in Brooklyn’s Boerum Hill neighborhood, Commercial Observer reported on Friday. The company is taking 16,928 square feet at 309 Bergen St. and 83-85 3rd Ave., both of which are owned by B&Z Steel Equipment Co., according to the report. The lease is for 30 years, and asking rent at the properties was $20 a square foot, according to the report.

Madison Realty Capital has loaned $46 million for a hotel project in Long Island City, Queens, The Real Deal reported on Friday. The loan to developer Teddy...

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