Domain, LMXD’s Greenpoint Landing master plan revealed

Domain Companies and LMXD officially bought their way into one of Brooklyn’s biggest waterfront plays. More is emerging about the cost to do so. The pair, through a limited liability company, paid roughly $122 million for a 76 percent stake in a Greenpoint development site valued at $160 million, PincusCo reported.  The seller was Park Tower Group, which has been steering the 22-acre Greenpoint Landing master plan since the neighborhood’s 2005 rezoning and remains part of the joint venture for the site. The deal kicks off the next phase of the megaproject, where Domain and LMXD are partnering with Park […]This article originally appeared on The Real Deal. Click here to read the full story.