According to the Brooklyn Progress, the newspaper put out by the Brooklyn Chamber of Commerce the completely vacant building was sold for $4.1 million. $911 a square foot which was a record for Brooklyn. No mention of what is to go in there or to whom it was sold.
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It's not a very big lot. Maybe Gene Kaufman can move his condos there from Underhill & St. Johns

(from http://www.brownstoner.com/blog/2007/06/kaufmans-flatir/)
Also,
the new owner is "exploring unique retail uses that can take advantage of the visibility and exposure of the property."
and
"Part of [the new owners'] vision is to make it a very Brooklyn-type use, to stay true to the Brooklyn authenticity."
(from http://online.wsj.com/article/SB10000872396390443816804578000693739695574.html)
I'm guessing a bunch of ATMs.
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