Twice the Price for Nathan’s – YIKES!
The Brooklyn Reporter shared that Nathan’s at 650 86th Street was purchased by Tim Ziss of Allied Properties for $12.25 million in October 2018. See the article (Link stopped working -> see a screenshot of the article here)
In June 2019, the building was sold for $25 million. YIKES! #SomethingIsntRightHere
While the neighborhood needs a new middle school, paying double was not good.
Hugs,
marlene
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