122 Montgomery Street

Yitzchok Schwartz purchased a Crown Heights development site from Isaac Hager and Daryl Hagler for $64 million, marking a flip from their $42.4 million purchase in 2022. The site, spanning 122 Montgomery Street and 960 Franklin Avenue, is slated for a 293-unit, 198,310 square-foot residential building. Financing of $117 million was secured from G4 Capital Partners. The properties have 88,800 square feet of built space and 114,717 square feet of additional air rights. Notably, one of the buildings on the site, Consumer’s Park Brewing Company, is set for demolition.