In December 2000, the city evicted 60 tenants from an illegally converted loft building at 247 Water Street in Dumbo, and landlord Joshua Guttman ultimately bought out the renters for $30,000 each. When he applied to legalize the building’s apartments, the city denied his request, and a week later, a mysterious four-alarm fire raged through brick factory. Now, after years of sitting vacant and boarded up, the five-story building between Bridge and Gold Streets may become office space.
Alloy and Monadnock Development’s One John Street condos are rising quickly along the Dumbo waterfront in Brooklyn Bridge Park, already reaching 10 stories, after rising out of the ground only earlier this year.
As the sprawling conversion of the old Empire Stores warehouses inches forward on the Dumbo waterfront, theater company St Ann’s Warehouse has made progress renovating one former tobacco warehouse at 45 Water Street into a performing arts space.
YIMBY brought you news early last year of a the 12-story, 42-condo-unit mixed-use building planned for 1 John Street, in Dumbo, and now the project is now rising. Alloy Development and Monadnock Development are developing the building, which is three or four stories up, according to Curbed. An in-house team at Alloy is designing, and completion is expected by 2016.
A condo conversion and a new 12-story rental building are slowly taking shape at two former Jehovah’s Witnesses properties in Dumbo. Two years ago, Landmarks approved plans to convert an old Brillo factory at 200 Water Street into 15 condos, which will include two-, three- and four-bedrooms with terraces.