Last July, BHB reported that the new build rental property at 75 Clinton Street—at the corner of Montague Street (above Rite Aid)—was 90% leased, with 66 of the 74 units spoken for. Now, only three units remain, according to Curbed, with leasing agent Aptsandlofts taking the marketing reins for the lease-out. Available units include a […]
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Brooklyn Commercial Real Estate Flourishes Jan-June 2012
Commercial real estate in Brooklyn remained robust throughout the first half of 2012, according to a report from commercial realty group TerraCRG. Some 563 sales worth more than $1.23 billion were recorded, an increase of 50% in dollar volume over the period last year. Downtown—which includes Brooklyn Heights in the report—and Park Slope led with […]
Is Brooklyn Bridge Park Responsible For A Rez Boom In Brooklyn Heights?
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 […]
75 Clinton Street Packs In Rental Residents: 90% Capacity
Brooklyn Heights rental property 75 Clinton—at the corner of Montague Street (above Rite Aid)—is 90% leased, with 66 of the 74 units spoken for. Units hit the market in early May 2012. In January, owner Dallas-based investment firm Invesco flipped the nine-story property from condos to rentals, citing the “booming rental market,” with plans to […]
Quote Of The Day: ‘Brooklyn Rents Are Officially As Crazy As Manhattan’s’
A New York Post story on Sunday titled “The Rentals Are Rising” takes a look at 10 new upscale residential buildings that have recently begun leasing. The properties: Manhattan’s 100 John St., 116 John St., 290 Mulberry St., 247 E. 28th St. and 666 West End Ave.; Long Island City’s 4615 & 4540 Center Blvd.; […]
Pearsall to Eagle: I’m Against Plan to Add 6 More Stories to 75 Clinton
Brownstoner reports today that work has begun “in earnest” to convert the former Bankruptcy Court building at 75 Clinton Street to condos. Plans filed for the flip in 2007 called for an addition of 6 stories. The blog adds that there’s no sign of steel work on the roof and speculates that the owners, Clinton Realty […]
75 Clinton Crumbling?
It appears that the townhouse at 194 Columbia Heights wasn’t the only neighborhood building to sustain damage in Thursday’s windstorm. According to The Brooklyn Paper, 75 Clinton Street, the office building that fronts on the east side of Clinton between Montague and Remsen, also suffered a mishap: Brooklyn Paper: The mini-hurricane that blew through Brooklyn […]
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