Metropolitan Avenue in Williamsburg hasn’t seen much development since it was upzoned in 2009, owing to the financial crisis and development freeze that has gripped the city. But with the thaw lifting, at least one player apparently sees potential on the forlorn strip, one of only two streets east of the BQE where six-story tenement-scale development is allowed: a group called 781 Metro Investors LLC just picked up the White Castle at Metropolitan and Humboldt for $6.72 million, according to city records. Read More
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