Abraham Posner signs contract to buy 20-unit Williamsburg project from Joel Schwartz
Abraham Posner signed a contract to pay an undisclosed amount to developer Joel Schwartz through the entity 104 Frost LLC, for the mid-construction 20-unit project at 104 Frost Street in Williamsburg, Brooklyn. The expected use is cash flowing. Schwartz owns the adjacent development at 98-100 Frost Street. On the lot, there is one active new building construction project, B00735002, for a 20-unit, 13,499 square-foot R-2…