Brodsky Org pays $76M for shuffleboard and project sites
05/25/2023
The Real Deal reported this month that Brodsky had acquired the project from Avery Hall Investments, which kept a stake for itself, but terms were not disclosed at the time.
Records show Brodsky bought 514 Union Street, home to the popular Royal Palms Shuffleboard Club, and a neighboring vacant lot on President Street, where it will build apartments.
Royal Palms Shuffleboard Club became an unexpected hit when it launched 10 years ago. A Brodsky spokesperson said that in August 2022 the club signed a long-term lease at 514 Union and that the 350-unit mixed-use development currently under construction at 469 to 499 President Street will be built around it.
