Developers Scoop Up Site at Center of Brooklyn Rezoning Fight

A trio of developers has snapped up a Brooklyn development site that once sparked a contentious rezoning battle.

Avery Hall Investments, the Brodsky Organization and Monadnock Construction bought the long-vacant development site at 962 Pacific Street and an adjacent property at 863 Dean Street on the border of Prospect Heights and Crown Heights, Avery Hall principal Brian Ezra said. The assemblage sits within a sweeping rezoning along Atlantic Avenue.

The joint venture plans to build a mixed-use project in line with the city’s newly approved Atlantic Avenue Mixed Use Plan. Maxim Capital Group provided the acquisition loan. Avery Hall and Brodsky will lead development of the project, while Monadnock will serve as general contractor.

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