The Wall Street Journal reports that Florida based private equity firm Kayne Anderson has bought 21 Clark Street, better known as the Towers Hotel, from the Watchtower Tract and Bible Society, better known as the Jehovah’s Witnesses, for $200 million. The building has an interesting history, recounted by our late founder here. According to the […]
Archive | Real Estate RSS feed for this section
Hearing on Pier Six Towers Thursday Morning
The next step in the litigation brought by the Brooklyn Heights Association to prevent construction of two high rise residential towers near Pier Six and the Atlantic Avenue entrance to Brooklyn Bridge Park will take place this coming Thursday morning, November 2, at 9:30, at the New York Supreme Court, New York County, 80 Centre […]
Oral Arguments in Save the View Now’s Suit Against Pierhouse in Brooklyn Heights Friday
Oral arguments in the appeal of the lower court’s dismissal of Save the View Now’s suit to remedy the Pierhouse’s interference with views of the Brooklyn Bridge and the protected view plane from the Brooklyn Heights Promenade will be held this Friday, October 20, at the Appellate Division Courthouse, 45 Monroe Place, corner of Pierrepont. […]
Yes, Matt Damon Likely Will Be Your Neighbor
The Real Deal, citing a Wall Street Journal story that’s behind a paywall, reports that actor Matt Damon is in contract to buy the penthouse at The Standish, 171 Columbia Heights. According to the Real Deal, if the sale goes off at the asking price of $16.645 million, it could set a new record for […]
Kushner Cos. Drop Out of Watchtower Deal
The Brooklyn Eagle reports that The Kushner Cos. have dropped out of a deal to buy 90 Sands St. (photo), a building owned by the Jehovah’s Witnesses. Kushner Cos. has purchased a handful of properties that used to belong to the religious organization. The company, which was headed by Jared Kushner until he stepped away to serve as senior […]
Witnesses Dispose Of More Brooklyn Heights Properties
The Eagle reports that L.A. based real estate investors Hawkins Way Capital have bought 117 Columbia Heights (photo), a Brutalist intrusion, by Ulrich Franzen, into a row of nineteenth century townhouses, three of which were also bought by Hawkins from Watchtower and, like 117, became residences for Witnesses. The sale seems to indicate that the […]
Worker Injured In Fall From Roof Of 135 Joralemon
The Daily News reports that a construction worker, Antonio Garcia, “suffered serious injuries” because of a fall from the roof of 135 Joralemon Street (photo). Mr. Garcia was replacing shingles on the roof of the landmarked 185 year old house when he fell and landed on his head. He was taken to Brooklyn Methodist Hospital, […]
Kushner Companies Sued Over Alleged Rent Violations At 89 Hicks
Curbed reports that tenants at 89 Hicks Street (photo), which the Kushner Companies bought from Brooklyn Law School, which had used it as a dormitory, in 2014, are suing because they claim the new owners waged a “deceptive, systematic and pervasive pattern of misconduct to skirt rent stabilization laws,” and may have bilked tenants out […]
Update On Pier Six Towers: New Justice Takes Over
Our last report on the Brooklyn Heights Association’s lawsuit against the Brooklyn Bridge Park Corporation and the developers to prevent the construction of two high rise residential towers on the uplands of Pier Six noted that Justice Lucy Billings had orally declined to issue a temporary restraining order requested by the BHA to prevent any […]
Will 67 Remsen Be Brooklyn Heights’ Next Mansion?
Curbed reports that owner Gili Haberberg wants to convert the ten unit apartment building at 67 Remsen Street (photo) to a mansion-sized (4,700 square feet) single family residence. Haberberg bought the property from the Jehovah’s Witnesses in 2012 for $3.35 million. It sits next to the back end of the Bossert, between Hicks and Henry […]
Nabe Chatter