What’s Up at 166 Montague

The Real Deal: 166 Montague: When word of plans to convert Brooklyn Heights' old Franklin Trust building into luxury condos began to spread, residents and brokers who handle the tony neighborhood wondered whether it was the start of a high-rise transformation for the staid and lovely low-rise district.

Because the Heights is filled with charming brownstones, the conversion of the former office space at 166 Montague into a 24-unit condominium drew concern that it would clash with the neighborhood's character and herald more development.

But the building's landmark status, a lack of buildable space and few properties ripe for conversion has allayed some of those worries, the developer and brokers said.