We are a group of 18 tenants in a building located on a Williamsburg, Brooklyn street that has otherwise been turned into "the mall" by speculative RE investment.
Together, as an LLC and with the support of our elected representatives, we are submitting an offer to buy the building we've all lived in for 10+ years… and devise a new path for market-rate tenants (rather than RE investors) to buy whole buildings. We want to keep our homes, but also want to create a model for others to follow in our footsteps.
This building is on one of the most prime corners in Brooklyn. It is assured to go up in value. We are willing to trade a fractional amount of the building's value for upfront cash to meet our 30% downpayment.
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