Gowanus Lounge: Serving Brooklyn

The High Price of Chocolate in Williamsburg

February 21st, 2008 · No Comments

It’s unclear what’s up with the future of the Manhattan Chocolate property at 568 Union Avenue in Williamsburg, but we know that it was sold for $20 million a couple of weeks ago. Yesterday, we noted the sale on Curbed. City records confirm a transfer from McCarren Estates LLC to 568 Union LLC. The previous sale price for the property was $1.3 million, which makes it quite the lucrative flip, at the very least. Interestingly the address for the buyer is a Long Island rental development firm that also operates a golf course. Perhaps the new buyer will be able to spring for a new fence around the property?

Tags: Williamsburg