DumboNYC reports that the long vacant and available buildings at 11-15 Old Fulton Street are under contract but that there may be issues with the property:
When we last looked at this trio of townhouses when they came on the market back in January, they were priced at $7.5 million. They were reduced to $7 million, and according to the Massey Knakal website, they are now under contract.
Most would agree that this is a great location just on the border of Dumbo and Brooklyn Heights, with views of Manhattan, but commenter Ilene said:
“I inquired about one of those buildings a few years ago and was told there are severe structural issues with them, and the land they sit on. Something about the water table I think. Walentas would have long ago snapped them up if they could be salvaged or torn down for a reasonable fee. Too bad, I think that Old Fulton could really become a great gateway for the neighborhood and coming park if those eyesores would go away.”