Starrett City Goes for $1.3B

Thu, 08 Feb 2007 11:58:30 -0400

At 3 a.m. on Thursday, the Times reports, Sam Levinson and David Bistricer of Berkshire Equities agreed to buy Starrett City for $1.3 billion.

"A spokesman for Starrett City Associates said this morning that the sellers were just waiting for the cash deposit."

Just how many brown paper bags was that?

This morning, ACORN is staging a protest with "two bus loads of Starrett City tenants" outside Berkshire Equities' Brooklyn headquarters, according to a press release.

- Matthew Schuerman

Observer » Starrett City Goes for $1.3B

Starrett City Goes for $1.3B