Brooklyn Law School Selling Heights Properties

By on June 21, 2013 12:30 am in Brooklyn Heights, News, Real Estate

The Brooklyn Paper reports that Brooklyn Law School has put on the market six residential buildings in Brooklyn Heights it has used as student housing. These are: 89 Hicks Street (photo), which BLS bought from Watchtower in 2006; 18 Sidney Place; 144 Willow Street; 100 Pierrepont Street; 27 Monroe Place; and 88 Monroe Place. The sale of these properties will leave several options for BLS students who do not commute from home or wish to rent on the market: 2 Pierrepont Street, 148 and 150 Clinton Street, and Feil Hall.

BLS President Joan Wexler declined to comment on why the school has decided to sell these properties now. The Brooklyn Paper speculates that it may be caused by a decline in enrollment that has affected law schools nationwide, and also by a new program at BLS that allows students to complete work for a juris doctor degree in two years instead of the customary three.

Stephen Palmese of Massey Knakel is handling the sale of the buildings.

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  • Jorale-man

    Judging by the exteriors, some of their buildings are not as well maintained as they could be. On the other hand, the BLS does bring a more age diverse mix of people to the neighborhood, which is a good thing. Will be interesting to see what happens to the properties now.

  • Andrew Porter

    They recently built that enormous new dormitory on State Street at Boerum Place. Some of their buildings are run down, esp the smaller ones, such as on Monroe Place. But 2 Pierrepont Street is enormous, with wonderful views of Manhattan, so should be an excellent possibility for condos or co-ops. 89 Hicks is also in excellent condition, as the JW’s used to own it and maintained it very well.

    This will bring even more property onto the tax rolls, more people to shop in the Heights. A win-win situation for everyone!

  • Joe A

    Wouldn’t a building owned by BLS already be on the tax rolls?

  • Andrew Porter

    I’d assumed if they were owned by colleges they aren’t, but maybe I’m wrong.