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Billy Macklowe in contract for contested Park Slope site

Billy Macklowe has gone into contract to buy a controversial Park Slope development site. The developer has partnered with investor David Welsh to buy the Key Food grocery store at 120 Fifth Avenue for “less than $ 65 million,” according to the New York Post. Macklowe has reportedly been negotiating for the site since at least December. The property, which would mark Macklowe’s first residential project in Brooklyn, is expected to be demolished and redeveloped into

The Real Deal New York

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