A pair of vacant office buildings in Connecticut have been acquired for redevelopment as multifamily housing. In a joint venture between developers Saber-Hightower LLC and Granoff Real Estate, 101 and 201 Merritt 7, in the Merritt 7 office park in the New York City suburb of Norwalk, Connecticut, will be the sites of the project. While the acquisition price was not publicly disclosed, the project is budgeted at $120 million, according to a report by WRE News.
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