Brooklyn's Starrett City, With Trump as Investor, Finds a Buyer
- Affordable-housing complex sells for about $850 million
- Trump has 4% stake in seller Starrett City Associates
A building in Starrett City, Brooklyn.
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The owners of Starrett City, a Brooklyn affordable-housing complex that counts President Donald Trump as an investor, have reached an agreement to sell the property for about $850 million.
The buyer is a joint venture led by Brooksville Co., according to a statement Wednesday from Brooksville and Starrett City Associates, the partnership that has owned the complex for more than 40 years.