Brooklyn


Permits Filed for a 47-Story Tower at 205 Montague Street in Brooklyn Heights

Permits have been filed for a 47-story mixed-use tower at 205 Montague Street in Brooklyn Heights. Located at the northwest corner of Cadman Plaza West and Montague Street, the lot is steps from the Borough Hall subway station, serviced by the 2 and 3 trains and the Court Street station, serviced by the R train. Jonathan Landau of Landau Development Corp. is listed as the owner behind the applications.

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Housing Lottery Launches for 33 Franklin Street in Greenpoint, Brooklyn

The affordable housing lottery has launched for 33 Franklin Street, a seven-story mixed-use building in Greenpoint, Brooklyn. Designed by StudiosC and developed by Yidel Hirsch, the structure yields 80 residences, ground-floor retail, and a garage with 32 parking spaces. Available on NYC Housing Connect are 24 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $55,680 to $165,230.

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Existing Sears facility, via Google Maps

Construction Loan Secured For 2366 Bedford Avenue in Flatbush, Brooklyn

A $140 million construction loan has been issued for a new seven-story residential development located at 2366 Bedford Avenue in Flatbush, Brooklyn. The loan was issued by SCALE Lending to Clipper Equity, the project’s developer. It marks a continuation of SCALE Lending’s aggressive financing strategy and pushes its 2024 transaction volume to over $400 million in loans provided.

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