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Acquisitions

LIVWRK buys 1000 Dean Street

Sellers are BFC, Goldman, and Jonathan Butler

1000 Dean Street (Credit: Google Maps)

LIVWRK’s Asher Abehsera has entered into contract to acquire 1000 Dean Street in Crown Heights from BFC Partners, Goldman Sachs Urban Investment Group, and Jonathan Butler for around $60 million. The office building spans 155,000 square feet, and includes a ground-floor food court, according to TRD.

Flashback: The sellers paid $11 million for the property in 2012, and invested around $30 million in the property to cater to creative companies and startups. It’s now nearly 95 percent occupied.

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