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Verizon Offloads Vacant Office Space for $74M

Metroteck LLC Closes Sale on 101 Willoughby in Brooklyn; Plans Include Converting Property Into Residential Condos
By Hansen Padmore
December 21, 2005 | 9:06 P.M.

In March 2005, CoStar Group reported that Developer David Bistricer signed a sale contract to purchase 7 Metrotech Center from Verizon. After only approximately eight weeks on the market, Verizon sold its 28-story, Class C vacant office building at 101 Willoughby St. for $74 million to Metroteck LLC.

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