Like the Bowery in Manhattan, Atlantic Avenue in Clinton Hill is set to develop from a low-slung restaurant supply strip into a mid-rise luxury residential corridor, enabled by a rezoning passed in 2007. The definition of “luxury” in some…
Hallets Point [The Real Deal]: Durst Organization has acquired the last parcel associated with the Hallets Point mixed-use development that will total 2,200 residential units. Construction is set to begin this October, with completion following in the…
125 West 25th Street [The Real Deal]: Normandy Real Estate Partners have “secured a $72 million loan” for their planned renovation of the 12-story, 138,000 square-foot office and retail building at 119-125 West 25th Street, in Midtown…
On the eastern side of Kent Avenue just north of the Williamsburg Bridge, 333 Kent Avenue attracted attention several years ago when Brownstoner reported the existing mansion sold for $5 million in early 2012. When the building…
Throughout the 20th century, the main form of development in Brooklyn has been redevelopment, with developers razing single-family homes and small walk-up apartments to erect larger multifamily buildings. That process was severely curtailed with the 1961 zoning…