An unnamed developer is offering to pay at least $75 million to build a 40-story residential tower at 220 Cadman Plaza West, in Brooklyn Heights, according to the Brooklyn Daily Eagle. The offer is being made to Whitman Owner Corp. and its shareholder residents. If approved, the existing single-story commercial buildings at the site, including 89 Pineapple Walk, would be demolished. In their place, a new residential tower would have possibly hundreds of condo units as well as new retail space. Shareholders are expected to vote before January 15 on whether the board should seriously consider the offer.
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