NEW YORK--(BUSINESS WIRE)--Acadia Realty Trust (Acadia – NYSE: AKR) and Washington Square Partners (Washington Square), co-developers of City Point, the 1.9 million square foot, mixed-use development in Downtown Brooklyn, today announced the sale of the project’s remaining residential development rights to nationally acclaimed developer Extell Development Company (Extell) for $115.5 million, averaging about $217 per buildable square foot. City Point’s Phase 3, a 21,500 square foot parcel, is Ex
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