Fortis Closes Latest Residential Property Transaction In Brooklyn, NY
Fortis Property Group, LLC, of Brooklyn, NY announced that it has successfully closed its latest transaction at 30 Henry Street in the Williamsburg section of Brooklyn.
According to Louis and Joel Kestenbaum – – Fortis’ chairman and president, respectively – – the company acquired the one-story building at the site of the old Brooklyn Daily Eagle newspaper. Fortis plans to construct a new five story high-end residential building containing six upscale condominium units, with underground parking and outside common area space.
The project reflects Fortis’ approach to adding significant value to properties it acquires, invests in and develops.