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Real Estate Rumors: Bronstein, JDS, Former Picasso Home

By Andrew McIntyre ( October 16, 2017, 9:08 PM EDT) -- Bronstein Properties has reached a deal to buy a residential and retail building in Williamsburg, Brooklyn, from AB Capstone and RJ Capital Holdings for $43.3 million, The Real Deal reported on Monday, citing sources with knowledge of the matter. The company is buying 456 Grand St., a six-story, 57,500-square-foot building that has a 52 rent-stabilized units as well as retail space, according to the report. The deal is expected to close at the beginning of 2018, Real Deal said....

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