Burnt-Out CitiStorage Warehouse Being Sold To Development Team, Williamsburg

citistorage fire williamsburgThe still-smoldering warehouse at 5 North 11th Street in early February. Photo by Billy Schon for Gothamist

Crain’s Business reports that Norman Brodsky is expecting to sell the burned-down warehouse located on Williamsburg’s northern waterfront, at 5 North 11th Street, to a pair of developers. Midtown Equities and East End Capital have reportedly signed a contract to purchase the site, but the exact price has yet to be revealed. The property is currently zoned for commercial and manufacturing use; 600,000 buildable square feet is available as-of-right.

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