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A blog for breaking sales and neighborhood real estate news.

March 18, 2016 | Commercial Observer | Liam LaGuerre

Dime Community Bancshares, the parent company of Dime Savings Bank of Williamsburgh, has completed the $80 million sale of its Williamsburg portfolio, Cushman & Wakefield announced in a release today.

Tavros Development Partners, Charney Construction & Development and 1 Oak Development purchased the properties, 263-277 South 5th Street, 262-272 South 4th Street and 205 Havemeyer Street. The site allows for 230,000 buildable square feet, according to C&W.

A C&W team of James Nelson, Brendan Maddigan and Matt Nickerson represented Dime in the transaction, while the buyers did not have a broker...

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Neighborhoods: Williamsburg/ Agents: Brendan Maddigan