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One-time Williamsburg jazz den swings onto market around $50M

Gone are the days of of reefer-fueled, late night jam sessions, with flappers and jazz cats snapping

318 Grand Street Gone are the days of of reefer-fueled, late night jam sessions, with flappers and jazz cats snapping along, but things at the former Miller Grand Ballroom are still hopping. Brooklyn Lofts, the developer who converted the former whiskey-soaked Jazz Age ballroom — famous for its raucous and secret parties — into loft apartments is putting the hulking building up for sale at an asking price of around $50 million. (more…)

Source: The Real Deal