Archive | Real Estate RSS feed for this section
Local Pizzeria ‘Della Rocco’s Of Brooklyn’ Cooks Up June Opening

Local Pizzeria ‘Della Rocco’s Of Brooklyn’ Cooks Up June Opening

BHB EXCLUSIVE: The commercial spaces at 214 and 216 Hicks Street, which were demolished in February to carve out a single larger parcel, will soon make good use of being “unsliced.” In June, 100% local Della Rocco’s of Brooklyn will begin cooking up brick-oven pizzas, along with a beer & wine bar specializing in borough brews. Continue Reading →

Read full story · Comments { 51 }
Memory Lane: Abraham & Straus Department Store, Born & Bred In Brooklyn

Memory Lane: Abraham & Straus Department Store, Born & Bred In Brooklyn

Without the commanding presence of Brooklyn’s heralded Abraham & Straus, we surely would not have today’s Macy’s, Bloomingdale’s, Filene’s or Stern’s.

In 1865, before the Brooklyn Bridge linked New York’s largest borough to the rest of the
city, Abraham Abraham and Joseph Wechsler opened dry goods retailer Wechsler & Abraham on Fulton Street in the heart of Downtown.

In 1893, the Straus family and Simon Rothschild bought out Wechsler’s interest in the company and renamed the joint Abraham & Straus—which also had controlling interest in R.H. Macy & Co. in New York. By 1900, A&S had 4,650 employees. In April, 1912, co-founder Isidor Straus and his wife Ida went down with the Titanic. Oops. Continue Reading →

Read full story · Comments { 20 }
Sold! Watchtower’s Residential 183 Columbia Heights Moves For $6.6M

Sold! Watchtower’s Residential 183 Columbia Heights Moves For $6.6M

As expected, a fourth Brooklyn Heights residential property on the market by the Watchtower Bible & Tract Society has sold. BHB reported in late March that 183 Columbia Heights, then asking $7.1 million, was close to contract after attracting 27 offers, according to the building’s listing agent Massey Knakal Realty Services.

The Real Deal reported Monday that an unidentified investor group has purchased the vacant 183 Columbia Heights between Clark and Pierrepoint streets for $6.6 million, 14% below the asking price. The group plans to turn the seven-story, 13-unit building, into luxury rentals. Continue Reading →

Read full story · Comments { 14 }
101 Clinton Street: Former Ground-Floor Market Is Going To Be… ???

101 Clinton Street: Former Ground-Floor Market Is Going To Be… ???

Numerous Open Thread comments have queried about the future ground-floor retail space at 101 Clinton Street & Joralemon, whose six-story, 40-unit building is nearing completion as a residential rental.

The former Clinton Food Market was a favorite of many residents, and obviously was shuttered when rehab began on the 1930′s building nearly two years ago. A sign appeared in the window this week offering the first-floor retail space for rent… meaning that the market is obviously not being given first dibs at returning. Continue Reading →

Read full story · Comments { 20 }
161 Columbia: See Inside First On-The-Market Rental Unit

161 Columbia: See Inside First On-The-Market Rental Unit

The Watchtower residential property at 161 Columbia Heights that sold March 20 for $3 million and returned to the market 10 days later as a rental is now being marketed by Ideal Properties Group, with the first interior images online for a 1-bedroom unit for $2,895/month.

The descriptor: “This spacious 1-bedroom apartment is newly renovated with hardwood flooring, stainless appliances and granite countertops in the kitchen, new vanity in the bathroom and oversized windows to let in lots of light. Continue Reading →

Read full story · Comments { 9 }
Event Horizon: One World Trade Close To Topping Out

Event Horizon: One World Trade Close To Topping Out

The No. 1 attraction of Brooklyn Heights, according to any tourist guide, is the dramatic view of Manhattan over yonder from the Promenade. Of course, more than a decade ago, we lost a primary component of that cityscape, on 9/11/2001. The Wall Street Journal offers an update on construction of One World Trade Center: It is now 100 stories tall, just 5 stories from topping out.

Tishman Construction, the New York-based builder that has overseen the project, says it will be the nation’s tallest building, with the coming addition of a 400-foot spire atop the 1,368-foot tower. The company’s Mike Mennella tells WSJ that One WTC will surpass the height of the Empire State Building in the next week or so Continue Reading →

Read full story · Comments { 16 }

Should Your Brooklyn Heights Home Have a Theatrical Agent?

If you don’t mind some occasional inconvenience, there’s money to be made in making your habitation available for video shoots. Interested? Contact someone like Andrea Raisfeld.

New York Observer: In fact, one Brooklyn Heights townhouse that Ms. Raisfeld represents hosted shoots for Eileen Fisher, Oil of Olay, More magazine, Lucky magazine, Cetaphil, Nordstrom, Bloomingdale’s, Bali Bras, Kmart, Chico’s and Huggies.

At $1,000 to $20,000 a day (even with the 25 percent casting fee that agents generally collect) that’s enough to pay off the mortgage.

Then, again, do you really want your place to be advertising Kmart? Depends on the bucks, I suppose.

Read full story · Comments { 1 }
Hey, Want To Open A Restaurant In The Heights? Uh, Not So Fast…

Hey, Want To Open A Restaurant In The Heights? Uh, Not So Fast…

Anyone that has lived in Brooklyn Heights for more than five or so years has seen that wonderful new restaurant open its doors up the street with so much promise, a great menu and meaningful ambiance… only to shutter a year later, supplanted by a nail salon or cell phone retailer. Sigh.

The Real Deal offers some grim statistics about why it’s so difficult for an eatery to survive in New York City (which has definitely made me think twice about my plan to open Chuckey’s Pizza Pies & Absinthe Bar in the nabe. Big sigh). Continue Reading →

Read full story · Comments { 12 }
WSJ: ‘A Storm Is Raging Over Plan For Brooklyn Bridge Park’

WSJ: ‘A Storm Is Raging Over Plan For Brooklyn Bridge Park’

Is the sloooowly buregoning Brooklyn Bridge Park designed to encourage the interaction of those who visit the waterfront oasis—or is it little more than a handsome front lawn for wealthy homeowners, alienated from the surrounding community and lacking those things that make urban public spaces dynamic? That’s the question posed in a Wall Street Journal story Monday, titled “Conflict In Park Plans.”

The piece leads a more or less academic discussion over aesthetic disagreements between developers of the half-completed park’s future. Portions of Pier 1 and Pier 6 opened in 2010, with a new pier and footbridge slated for the latter part of 2012—while a majority remains on the drawing board. Continue Reading →

Read full story · Comments { 17 }
Mr. J. Checks Out Le Pain Quotidien on Montague

Mr. J. Checks Out Le Pain Quotidien on Montague

How does Karl love LPQ? Let him count the ways…. Video after the jump. Continue Reading →

Read full story · Comments { 9 }
Women’s Clothier Ruby & Jenna Coming To 130 Montague

Women’s Clothier Ruby & Jenna Coming To 130 Montague

New women’s apparel boutique Ruby & Jenna is coming to 130 Montague Street, above beauty salon Dashing Diva. According to a listing with Massey Knakal Realty Services, the new store is scheduled to open in June.

According to the store’s website, it offers “trendy, contemporary clothing reasonably priced, without sacrificing style,” with current locations in Manhattan (a pop-up at 1282 Broadway & 33rd) and in Brooklyn at 1308 Kings Highway, as well as Plainview, N.Y., Greenwich, Conn., Hoboken and Westfield, N.J., with another opening this summer in Southampton. Continue Reading →

Read full story · Comments { 0 }
Another Hefty Re$idential Property Hit$ The Heights Market

Another Hefty Re$idential Property Hit$ The Heights Market

Brown Harris Stevens has just listed a townhouse for sale at 32 Livingston Street with the kind of lofty price tag we’re becoming accustomed to in Brooklyn Heights: $6 million. This follows the sale of the Capote House on Willow for $12 million in March, a Garden Place townhouse for $10 million in February and a Watchtower residence on Orange in January for $7.1 million.

Curbed is certainly seduced by the Livingston property’s historic beauty, which BHS describes as a “great American home available to connoisseurs, preservationists, townhouse lovers, or anyone that would like become one.” Continue Reading →

Read full story · Comments { 9 }
One Brooklyn Bridge Park Among NYC’s Top 10 Condo Sales in 2011

One Brooklyn Bridge Park Among NYC’s Top 10 Condo Sales in 2011

Property Shark compiled a list of the 10 top-selling developments of 2011 earlier this year, which shows the boroughs dominating Manhattan—with condo buildings in Brooklyn and Queens taking the first four spots. According to the realty site, “Two years ago Manhattan was dominating this list; in 2011, six out of the top 10 Buildings with Most Units Sold were located in Brooklyn.”

Brokers Weekly provides an overview of each development, along with Property Shark’s sales data, with one Brooklyn Heights condo making the list: At No. 6 is One Brooklyn Bridge Park Continue Reading →

Read full story · Comments { 0 }
First Look Inside! Le Pain Quotidien Opening Next Week

First Look Inside! Le Pain Quotidien Opening Next Week

The new Le Pain Quotidien at 121 Montague Street in Brooklyn Heights is scheduled to open its doors Monday, April 16, according to a conversation BHB had with the “bakery and communal table” manager this afternoon. He’s a local who lives in Carroll Gardens, and says in his five years with the company, he has been pleading for a Brooklyn location. Delivered! (See first interior photos below the jump.)

The manager also shared that because of the property line of the building, outdoor seating for up to 18 is available along the storefront’s sidewalk, with no permit required. Inside, the restaurant seats about 100. In addition, the Heights menu will offer items that aren’t available at Le Pain Quotidien’s Manhattan locations, including Continue Reading →

Read full story · Comments { 15 }
Brooklyn Heights Sets Pace for City in Rent Increases

Brooklyn Heights Sets Pace for City in Rent Increases

Average asking rents in Brooklyn Heights increased by 23% from 4Q 2011 to 1Q 2012, the highest percentage increase among the more desirable New York City neighborhoods included in a survey by RentJuice.

The Real Deal reports that “Brooklyn was responsible for much of the asking rent gains, as popular neighborhoods including Brooklyn Heights (23%), Park Slope (18%), Williamsburg (10%) and Greenpoint (10%) showed double-digit rent increases. Brooklyn Heights’ average first quarter asking rent was $4,974, an increase of more than $900 over the fourth quarter of 2011, making it the most expensive neighborhood in the borough. Continue Reading →

Read full story · Comments { 3 }