According to a blissfully rosy story in The New York Post, the 85-acre Brooklyn Bridge Park is not only about a year from being 60% complete, but deserves credit for a residential real estate boom in both Brooklyn Heights and DUMBO. First, the optimistic factoids regarding BBP’s 60% completion: The Post assures that “a sports […]
Tag Archives | 166 Montague Street
Eight of twenty four new condos at the Franklin Trust building at 166 Montague Street are now in contract according to Brownstoner. The last two sold at full asking prices of around $1.6 million. Back in January, our Karl Junkersfeld got a sneak peek at the new units and used that opportunity to lay […]
The work of many great architects from the late nineteenth century has disappeared from the New York City architectural landscape. Unrelenting demolition of these age-old structures by developers and city planners in the name of progress have made the remaining survivors akin to endangered species. Brooklyn Heights has fortunately maintained landmark status protection since 1965 […]
According to StreetEasy, a two bedroom, two bath unit on the sixth floor of the Franklin Trust Building, 166 Montague (corner of Clinton) has gone to contract for $1.29 million. By StreetEasy’s calculations, after making a down payment of $258,000, the buyer will pay an aggregate $8,701 monthly for mortgage, common charges, and taxes. According […]
The condo conversion of 166 Montague seems to be moving along according to Brownstoner, unlike the current situation at 20 Henry Street: Brownstoner: 166 Montague…: Things appear to be going reasonably well at 166 Montague Street, the swanky condo conversion in Brooklyn Heights. Or, well enough, at least, that the developer has thus far avoided […]
At least four contracts have been signed up for residence at 166 Montague Street, aka the historic Franklin Trust Company building, according to the Brooklyn Eagle. Remsen Street’s Kiddie Korner will be opening a second location there soon, the paper adds.
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