Articles by Michael Young



211 Schermerhorn Street Making Progress in Brooklyn’s Boerum Hill

Just up the street from the Ace Hotel at 266 Schermerhorn, in the Brooklyn neighborhood of Boerum Hill, the Morris Adjmi-designed 211 Schermerhorn Street is now halfway up to its future height of 14 floors. The project is being developed by Oestreicher Properties and GPB Capital Holdings, LLC, who purchased the site for $30 million last year, and it will contain 48 units ranging from one- to three-bedrooms.

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Approvals Secured for Gamma Real Estate’s 3 Sutton Place, Midtown East

Earlier today, Gamma Real Estate secured approval from the Board of Standards and Appeals to continue with construction of the Foster + Partners designed residential tower that will rise over 800 feet above its surrounding context, at 3 Sutton Place. Located just south of the Ed Koch Queensboro Bridge on East 58th Street between Sutton Place South and 1st Avenue, and only a stone’s throw away from the East River, the project has continued to stir controversy and disapproval from local NIMBYs, who have been attacking the plans since renderings were revealed back in December 2015.

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