A residential portfolio in Brooklyn and Queens owned by the LeFrak family is in contract to sell for $250 million, two sources said. The portfolio, dubbed the Kings and Queens portfolio, consists of about 2,000 apartments.
LeFraks Selling Brooklyn, Queens Portfolio for $250 M.
The LeFraks have been a city landlord since 1901, and have built more than 250,000 apartments, including LeFrak City, the Queens complex with more than 5,000 units.
What will they call it now?
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