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Brodsky Org pays $76M for shuffleboard and project sites

NEWS 499Presdent_TRD_052523
Jeff Andrews - The Real Deal

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.