Arrow Linen Supply Sells Stalled Park Slope Development Site for $55M

AI Summary

Arrow Linen Supply sold its recently rezoned former industrial property at 441–467 Prospect Avenue in Brooklyn’s Park Slope for $55 million. The buyer is Goose Property Management, led by Yitzchok Katz, for a stalled development site.

Arrow Linen Supply Company, a family-owned laundry rental business, has sold its recently rezoned property in Park Slope, Brooklyn, to a developer, Commercial Observer has learned. The former industrial site at 441–467 Prospect Avenue sold Monday to Yitzchok Katz’s Goose Property Management for $55 million, according to broker JLL. The deal comes after the New […]