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Crain’s New York Business highlighted a deal worth $25 million between the New York Housing Authority and Maddd Equities and Joy Construction. Akerman’s real estate and real estate finance teams represented Maddd Equities and Joy Construction in their purchase of land and air rights of the Ingersoll Houses development in Downtown Brooklyn. Joy Construction and Maddd Equities purchased a 6,000-square-foot lot on Myrtle Avenue from the Housing Authority for $16.6 million and air rights at Myrtle Avenue, 120 Navy Walk, 67-73 Prince St. and 202-208 Tillary St. for $8.25 million. 

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