Shareholders Vote Against Development Plans At 220 Cadman Plaza West, Brooklyn Heights

89 Pineapple WalkPresent-day 89 Pineapple Walk, photo by Mary Frost for the BDE

Late last year, Anbau Enterprises offered to pay roughy $75 million to demolish a single-story retail building and build a 40-story residential tower at 220 Cadman Plaza West, in Brooklyn Heights. Even after the developer increased the bid to $130 million last week, meaning a $150,000 payout for each shareholder, the shareholder residents of Whitman Owner Corp. at 75 Henry Street voted against the offer, according to the Brooklyn Daily Eagle. That means the board will not investigate the development plans and the one-story retail building along Pineapple Walk will remain as is.

220 Cadman Plaza West

Present-day 220 Cadman Plaza West, photo by Mark Frost for the BDE

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1 Comment on "Shareholders Vote Against Development Plans At 220 Cadman Plaza West, Brooklyn Heights"

  1. Complete Imbeciles

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