Tag Archives | real estate development

Study Finds $250 Million Needed For Maintenance in Brooklyn Bridge Park

Crain’s New York reports today on a new study, commissioned by Brooklyn Bridge Park Corp., that recommends spending $250 million to maintain the wooden pilings on which the Park sits…money that would come from the two residential towers planned for Pier Six. In this case, maintenance would require a $90 million upfront investment—a sum that the […]

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To Demo Or Not? Landmarks Debates Fate Of Brooklyn Heights Cinema

Developers and preservation advocates are playing tug of war as the Landmarks Preservation Committee debates whether to allow Brooklyn Heights Cinema owner Kenn Lowy to hold onto the landmarked 1895 building—or whether to replace it with a planned five-story condo. DNAInfo.com reports that six votes are outstanding with the Landmarks Commission to approve or deny […]

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Barclay’s Center is Just the Beginning

Ongoing concerns about Barclays Center’s overall impact on surrounding borough neighborhoods—including Brooklyn Heights—could rise from a low roar to a full-on battle cry, given the mammoth long-term plan that developer Bruce Ratner has in mind for the area. Located at the intersection of Flatbush and Atlantic avenues, Barclays is merely the first part to be […]

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The Latest On 172-174 Montague’s Street Future Residential Highrise

So we were apparently a little tardy in our weekend post about the closing of Montague Street’s Hallmark store. Let’s make good by sharing the latest on the building planned for 172-174 Montague, which will replace the two-story structure that once held Eammon’s and Hallmark. First, the Brooklyn Eagle reveals that new owner “BH 1 […]

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Is The Bossert Being Converted Back To The ‘Waldorf Astoria of Brooklyn’?

Consider this a potential game-changer for Brooklyn Heights: The magnificent Bossert at 98 Montague Street, owned & maintained by the Jehovah’s Witnesses, is apparently returning to its original domain as a hotel. Brownstoner reported Tuesday that according to a Public Hearing notice sent out by Community Board Two, a variance application has been filed to […]

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Downtown BK Skyline Reaches For New Heights

The long-stalled Downtown City Point Towers retail and residential complex in Downtown Brooklyn is aiming for the clouds. The Brooklyn Paper got an exclusive look this week at new mock-ups presented to Community Board 2, showing two potential horizon-altering skyscrapers at the site of the former Albee Square Mall, on the Flatbush Avenue Extension between […]

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