1000 Dean St., Crown Heights, Brooklyn
NEW YORK CITY—LIVWRK received $61 million in debt and equity to acquire and reposition 1000 Dean St., a 150,769-square-foot office building, just south of Atlantic Ave. in Crown Heights, Brooklyn. Jones Lang LaSalle negotiated a $45 million acquisition loan from the independent investment firm Invesco Ltd. The brokerage also raised $16 million in joint venture equity with Meadow Partners, an international real estate investor and asset manager.
The LIVWORK and Meadow Partners joint venture purchased the property for approximately $56 million from a joint venture of BFC Partners, Jonathan Butler and Goldman Sachs, according to Real Capital Analytics.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Betsy Kim
Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.
