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Thor Buys Downtown Brooklyn MXD

NEW YORK CITY—No stranger to the borough, the developer has closed on a 257,000-square-foot office and retail complex near Fulton Mall.

By Rayna Katz | Updated on October 15, 2015

NEW YORK CITY—Thor Equities has closed on the acquisition of 180 Livingston St., a 257,000-square-foot mixed-use property in Downtown Brooklyn. The developer paid $136 million for the asset, GlobeSt.com has learned.

The 257,000-square-foot building was comprised of two separate commercial condominiums with shared common areas.The property reportedly offers large, open floorplates, a center core design and approximately 142,500 square feet of excess development rights that Thor acquired in the sale.

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