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LIVWRK’s Asher Abehsera and CIM’s Shaul Kuba with an aerial of 85 Jay Street (LIVWRK, Getty, Google Maps)
Developers behind an amenity-packed residential project in Dumbo are looking to sell its rental portion for $235 million — the biggest offering of its kind so far this year in Brooklyn.
CIM Group and LIVWRK have put the 320-unit rental portion of their Front & York project on the market, according to an offering memo for the property.
The block of rentals is part of the 1.1 million-square-foot building at 85 Jay Street designed by architect Morris Adjmi. The development also includes 131,000 square feet of retail and 408 condominiums, which are not part of the offering.