A Brooklyn Catholic school campus, Visitation Academy, has a deal in place to sell to a group of real estate investors and developers, per Brooklyn Paper — no buyer name or price surfaced yet, but it's one to watch for a future redevelopment filing. Brooklyn Paper
Commercial Observer reports NYC's 485-x tax break is nudging developers toward capping projects under 100 units to avoid its steeper wage rules — a pattern residential-side estimators should expect to see more of in the unit counts on new filings. Commercial Observer