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Real Estate Rumors: Normandy, Record Fla. Sale, ABC Carpet

By Andrew McIntyre (March 31, 2017, 2:03 PM EDT) -- Normandy Real Estate Partners is buying a majority stake in a property in Dumbo Heights, Brooklyn, for $100 million, The Real Deal reported on Thursday. The deal is for a stake in 175 Pearl St., a 204,000-square-foot property that's part of a larger complex being built by RFR Realty, Kushner Cos. and LIVWRK, Real Deal said. Invesco had been an equity partner in the building, and that firm's position is being bought out by Normandy as part of the deal, according to the Real Deal, which cited sources with knowledge of the matter....

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