Real Estate

Thor set to close on 180 Bedford after MNS withdraws lawsuit

therealdeal.comThor Equities looks set to finally close on its year-old $36 million purchase of a Williamsburg development site in the heart of the Bedford Avenue retail corridor, after brokerage MNS withdrew a lawsuit it had filed over commission on the deal.

Last week, MNS filed an order to dismiss with prejudice a case it brought last August against Thor, the Salvation Army and Midtown-based brokerage Sanchez Bodden Lerner in relation to Thor’s acquisition of 180 Bedford Avenue in Williamsburg.

Thor entered contract last April to buy the property — located on the corner of North 7th Street, steps away from the Bedford Avenue L stop – from the Salvation Army for $36 million.

Categories: Real Estate

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