Archive | Real Estate RSS feed for this section

NYC DOT Engineer Says Keeping Traffic Off Brooklyn Heights Streets High Priority

The Eagle’s Mary Frost has an excellent report on last week’s Brooklyn Heights Association Annual Meeting. Here are my takeaways from the meeting: 1. The featured speaker, DOT Deputy Commissioner Robert Collyer (photo) said at least twice that a primary DOT concern is keeping traffic off Brooklyn Heights streets during the BQE renovation. 2. Mr. […]

Read full story · Comments { 1 }

Court Gives Go-Ahead to Pier Six Towers

Curbed reports that New York Supreme Court Justice Carmen Victoria St. George on Friday issued a ruling dismissing a lawsuit filed by the Brooklyn Heights Association in July of 2016 against the Brooklyn Bridge Park Corporation and two developers, seeeking to prevent the construction of two high rise residential towers on the uplands of Brooklyn […]

Read full story · Comments { 6 }

Pier Six Towers Update: Developers Busy Building and Advertising Despite No Court Decision

The Brooklyn Paper reports that the developers of the two controversial high rise residential towers on the uplands of Pier Six, near the Atlantic Avenue entrance to Brooklyn Bridge Park and on park land, have already done extensive construction work on one of the two towers (see photo in story linked above) and are, as […]

Read full story · Comments { 30 }

Vacant Retail Spaces: Why? What, If Anything, Can Be Done?

You would have to have been in Brooklyn Heights for over five years to remember when the last tenant, Starbucks, moved out of 112 Montague Street (photo) to a smaller space a block away. Since then, apart from being used as storage space for Lassen & Hennigs next door, the space has lain fallow. While […]

Read full story · Comments { 32 }

Another Court Hearing on Pier Six Towers Tomorrow Afternoon

Cobble Hill community activist Judi Francis has alerted us to another, and probably final, court hearing tomorrow, Tuesday, November 14, on the action brought by the Brooklyn Heights Association to prevent further construction (some work has already begun; at a previous hearing the judge refused to grant a temporary restraining order, but issued a preliminary […]

Read full story · Comments { 2 }

Florida Developer Buys Witnesses’ Towers Hotel, Will Convert to Senior Housing

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 […]

Read full story · Comments { 7 }

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 […]

Read full story · Comments { 15 }

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. […]

Read full story · Comments { 7 }

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 […]

Read full story · Comments { 41 }

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 […]

Read full story · Comments { 7 }