Bruce Ratner wants to build 1930 luxury condo units not far from this site:
Goldman
Sachs' Brooklyn condo bet sours
The company, along with partner The Clarett Group, is negotiating with German
lender Eurohypo Bank to turn over the 30-story Forté tower after sales
went nowhere.
Crain's. By Amanda Fung
Forté, a 30-story luxury residential tower in the Brooklyn Academy of Music
cultural district in downtown Brooklyn, is underwater.
Manhattan-based developer The Clarett Group confirmed Thursday that, along
with its majority partner Goldman Sachs Group Inc., it is negotiating with
the project’s construction lender to transfer control to the lender. After
two years of marketing, the 108-unit, upscale FXFOWLE Architects-designed
building is only 37% sold.
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