Sam Boymelgreen puts the Kestrel up for sale for $90M

Source: The Real Deal

Developer Sam Boymelgreen is putting his amenity-rich rental building in Windsor Terrace Brooklyn, the Kestrel, on the block just months after leasing began. Boymelgreen is seeking $90 million dollars for the 126-unit complex, the New York Observer reported. If the Kestrel goes for that price — or anywhere in that ballpark – it would be one of the priciest commercial transactions in Brooklyn this year, according to CoStar and Real Capital Analytics data reviewed by The Real Deal. Read full story

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