Troutbrook Real Estate Seeks Acquistions
Troutbrook Real Estate is Seeking Acquisitions in the Greater New York Metro Area
New York, NY, May 26, 2010 --(PR.com)-- Troutbrook Company/Freud Builders continues to acquire smaller buildings in the better areas of the Brooklyn, NY, suitable for condominium conversions. With all units sold out at 46 Butler Street Brooklyn for approximately 4 million dollars in May of 2010; Troutbrook recently went to contract in March of 2010 on 109 Butler Street, Brooklyn. It is anticipated in the coming year the company will also create condominiums in another of its properties 151 Sackett Street and will be selling 395 14th Street in Park Slope , Brooklyn . Expected sales of the condos should be approximately 8 million dollars. Please submit all inquires to asomer@troutbrookco.com or contact Emily Hernandez at 212-421-8900 ex. 102. As the overall macro economy has changed Trout brook has diversified into acquiring smaller assets that can be developed or rehabilitated. Trout brook’s main business is acquiring office, residential and hospitality real estate assets with an aggregate value up to 5O million dollars. The company expects to open the first Marriott Fairfield Inn & Suites in Brooklyn in the end of the Summer of 2010 www. Fairfieldinnbrooklyn.com. The geographical location and target for acquisition of the larger assets is the greater New York Area.
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Contact
Troutbrook Company
Marc J. Freud
(212) 421-8900 ext. 104
Contact
Marc J. Freud
(212) 421-8900 ext. 104
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