Ride the stirring waves of investments and acquisitions as Radcliff Management, a savvy private investment firm, has just bagged the esteemed One°15 Brooklyn Marina in an eagerly contested auction. The marina, having hit the troubled waters of a Chapter 11 bankruptcy filing earlier this year, fetched an impressive price of $3.5 million, much to the glee of its stakeholders.

Joshua Olshin, a high-profile managing partner at Auction Advisors, described the new owners as seasoned players in the marina investment sector. So robust was the competition for this maritime gem that it drew the interest of over 36 established marina operators, with Radcliff Management navigating the rivalry with aplomb to secure the laurels.