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Thursday, May 08, 2014

Hasidic group buys Crown Heights house to expand library 

The Chabad-Lubavitch Hasidic movement acquired a 3,400-square-foot Crown Heights house in an effort to expand its library.

The organization’s new property at 760 Eastern Parkway will be the fifth building it owns between Brooklyn and Kingston avenues. The Central Chabad Library currently stores roughly 250,000 books and 100,000 letters at both 766 and 770 Eastern Parkway.

Chabad-Lubavitch paid $2.4 million for the new site. The additional space, inside a 3,400-square-foot building, will help the library to expand.

http://therealdeal.com/blog/2014/05/07/hasidic-group-buys-crown-heights-house-to-expand-library/

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