{"id":782634,"date":"2022-04-28T20:03:13","date_gmt":"2022-04-28T18:03:13","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/trinity-place-holdings-sells-joint-venture-interest-in-the-berkley-in-williamsburg-brooklyn\/"},"modified":"2023-07-10T20:50:58","modified_gmt":"2023-07-10T18:50:58","slug":"trinity-place-holdings-sells-joint-venture-interest-in-the-berkley-in-williamsburg-brooklyn","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/trinity-place-holdings-sells-joint-venture-interest-in-the-berkley-in-williamsburg-brooklyn\/","title":{"rendered":"Trinity Place Holdings Sells Joint Venture Interest in The Berkley in Williamsburg, Brooklyn"},"content":{"rendered":"Unit Finishes Nearing Completion in Jolie\n\nNEW YORK--(BUSINESS WIRE)--Trinity Place Holdings Inc. (NYSE: TPHS) (the \u201cCompany\u201d) announced that it, along with its joint venture partner, has closed on the sale of The Berkley, at 223 North 8th Street in Williamsburg, Brooklyn (the \u201cProperty\u201d), to TF Cornerstone for $71.02 million. The Company purchased a 50% interest in the Property alongside Pacolet Milliken in December 2016.\n\n\n\nThe net proceeds from the sale, after repayment of the property\u2019s mortgage and partner loan and settlement proceeds from the interest rate swap associated with the Property\u2019s mortgage will be used for working capital and\/or new investment opportunities for the Company.\n\n\n\u201cWe took advantage of the current <div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/bebeez.it\/abbonati\/\">Abbonati<\/a> o <a href=\"https:\/\/bebeez.it\/mio-account\/\">Accedi<\/a> per leggere il resto di questo contenuto.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Unit Finishes Nearing Completion in Jolie NEW YORK&#8211;(BUSINESS WIRE)&#8211;Trinity Place Holdings Inc. (NYSE: TPHS) (the \u201cCompany\u201d) announced that it, along with its joint venture partner, has closed on the sale of The Berkley, at 223 North 8th Street in Williamsburg, Brooklyn (the \u201cProperty\u201d), to TF Cornerstone for $71.02 million. The Company purchased a 50% interest [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-782634","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Trinity Place Holdings Sells Joint Venture Interest in The Berkley in Williamsburg, Brooklyn - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/trinity-place-holdings-sells-joint-venture-interest-in-the-berkley-in-williamsburg-brooklyn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trinity Place Holdings Sells Joint Venture Interest in The Berkley in Williamsburg, Brooklyn - BeBeez\" \/>\n<meta property=\"og:description\" content=\"Unit Finishes Nearing Completion in Jolie NEW YORK--(BUSINESS WIRE)--Trinity Place Holdings Inc. (NYSE: TPHS) (the \u201cCompany\u201d) announced that it, along with its joint venture partner, has closed on the sale of The Berkley, at 223 North 8th Street in Williamsburg, Brooklyn (the \u201cProperty\u201d), to TF Cornerstone for $71.02 million. The Company purchased a 50% interest [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/trinity-place-holdings-sells-joint-venture-interest-in-the-berkley-in-williamsburg-brooklyn\/\" \/>\n<meta property=\"og:site_name\" content=\"BeBeez\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-28T18:03:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-10T18:50:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bebeez.it\/wp-content\/uploads\/2019\/10\/be-beez-logo-x2.png\" \/>\n\t<meta property=\"og:image:width\" content=\"683\" \/>\n\t<meta property=\"og:image:height\" content=\"242\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"olomaster\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"olomaster\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/trinity-place-holdings-sells-joint-venture-interest-in-the-berkley-in-williamsburg-brooklyn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/trinity-place-holdings-sells-joint-venture-interest-in-the-berkley-in-williamsburg-brooklyn\/\"},\"author\":{\"name\":\"olomaster\",\"@id\":\"https:\/\/15.161.165.86\/#\/schema\/person\/f3523ef027b0af56aa28725439cc9518\"},\"headline\":\"Trinity Place Holdings Sells Joint Venture Interest in The Berkley in Williamsburg, Brooklyn\",\"datePublished\":\"2022-04-28T18:03:13+00:00\",\"dateModified\":\"2023-07-10T18:50:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/trinity-place-holdings-sells-joint-venture-interest-in-the-berkley-in-williamsburg-brooklyn\/\"},\"wordCount\":685,\"publisher\":{\"@id\":\"https:\/\/15.161.165.86\/#organization\"},\"articleSection\":[\"Real Estate in Asia Pacific\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/trinity-place-holdings-sells-joint-venture-interest-in-the-berkley-in-williamsburg-brooklyn\/\",\"url\":\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/trinity-place-holdings-sells-joint-venture-interest-in-the-berkley-in-williamsburg-brooklyn\/\",\"name\":\"Trinity Place Holdings Sells Joint Venture Interest in The Berkley in Williamsburg, Brooklyn - 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