NEW YORK CITY—Massey Knakal Realty Services has been tapped exclusively to sell 180 Livingston St. in Downtown Brooklyn.The class A office property—which sits between Smith and Hoyt streets in the Tech Triangle—features more than 165,000 square feet of rentable space and another 142,00-plus square feet of air rights with the use of an inclusionary housing bonus.

The asking price for the asset is about $100 million. Published reports question the number but Massey Knakal partner Stephen Palmese, who is marketing the property, contends to GlobeSt.com that several factors add up the number being perfectly logical.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2022 ALM Global, LLC. All Rights Reserved.