The Feil Organization Acquires Development Site On Fulton St. In Downtown Brooklyn For $32.5M

The Feil Organization has acquired a development site located at 360-370 Fulton St. in Downtown Brooklyn. The property was sold by The Modell Family. The deal was facilitated by brokers Brendan Maddigan, Ethan Stanton, Stephen Palmese, Winfield Clifford, Michael Mazzara, and Bob Knakal of JLL. The transaction took place on April 15, 2021, with a sale price of $32,500,000.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $32,500,000
• Buyer: The Feil Organization - Brian Feil
• Seller: The Modell Family
• Date: April 15, 2021
• Address: 360-370 Fulton St.
• Market: Downtown Brooklyn
• Brokers: Brendan Maddigan, Ethan Stanton, Stephen Palmese, Winfield Clifford, Michael Mazzara, and Bob Knakal @JLL

The Feil Organization, headed by Brian Feil, successfully acquired the development site at 360-370 Fulton St. in Downtown Brooklyn. The deal was handled by brokers Brendan Maddigan, Ethan Stanton, Stephen Palmese, Winfield Clifford, Michael Mazzara, and Bob Knakal of JLL. This transaction marks a significant move in the development site market in Downtown Brooklyn.