Brooklyn developer Forest City Ratner’s East River Plaza, at FDR Drive and 116th Street in Manhattan, officially opened with Manhattan’s first Costco and a Target store soon to follow. Costco occupies 110,000 square feet on the first floor. In addition to Costco and Target, the new retail complex will include a Best Buy, Marshalls, PetSmart, and Old Navy — all scheduled to open in the spring. Known best in Brooklyn for his controversial Atlantic Yards Arena plan and for constructing {read more...}
BUSHWICK — Kalmon Dolgin Affiliates (KDA) reports the sale of two 10,000-square-foot warehouse properties in Bushwick section to a non-profit medical organization.
The two one-story properties at 102 Pilling St. and 759 Chauncey St. sold for $2.9 million, according to Neil Dolgin, executive vice president.
Allison Chambers of Kalmon Dolgin represented both the buyer and the seller, Jorlend Realty, in the transaction.
The new owners plan to converting the Pilling Street site, a former Mexican food warehouse,
BUSHWICK — An art show featuring works by local Brooklyn artists and titled “SmART,” helped kick off sales at a Bushwick condominium development last weekend.
The new four-story eight-unit building at 326 Melrose St., between Knickerbocker and Wilson avenues, took advantage of what some are calling the “burgeoning arts communities” in two neighborhoods, Bushwick and East Williamsburg.
The featured works at the new building were by artists Avani Patel, Dominic Albo,
BOERUM HILL — An eight-family apartment building in Boerum Hill is on the market with an asking price of $1,780,547, Massey Knakal Realty Services Brooklyn reports.
The four-story building at 411 State Street, between Bond and Nevins streets, contains approximately 7,020 square feet and sits on a 25.5-foot by 100-foot lot, according to Stephen Palmese, first vice president of sales for Massey Knakal, who has the exclusive.
There are four three-bedroom apartments and four two-bedroom apartments.
Object to Rezoning as ‘Political Giveaway’
Lacking Provision for Adequate Affordable Housing
MANHATTAN — A coalition of 40 Brooklyn organizations will rally and hold a press conference just prior to the City Council’s Land Use Subcommittee hearing Thursday, Nov. 19, on
Rents Range From $1,795 to $3,620 at ‘Green’ High Rise
By Linda Collins
Brooklyn Daily Eagle
FORT GREENE — The new 36-story rental building at 80 DeKalb Ave. in Fort Greene, Forest City Ratner’s first residential building in Brooklyn, is ready for tenants.
The building, situated between Hudson Avenue and Rockwell Place, is also said to be the largest residential building — so far — east of Flatbush Avenue.
Designed by the renowned architectural firm Costas Kondylis & Partners, the building has “unique architectural
COBBLE HILL – Pop-jazz singer and songwriter Norah Jones may have won five Grammys, but her brownstone renovation project may not be that popular in Cobble Hill, at least among some civic leaders and residents.
As has been reported in the Eagle, the Landmarks Preservation Commission has approved her plans to put 10 double-hung windows into the windowless side wall of her recently purchased brownstone on Amity Street.
Nineteenth-century brownstones usually have windowless side
De Blasio Credits Council for Recent Downzoning of Carroll Gardens
CARROLL GARDENS — City Council Member Bill de Blasio reports that the city’s Department of Buildings (DOB) will require a development project at 333 Carroll St. in Carroll Gardens to reduce its height.
New restrictions on this site are the result of the recent downzoning that caps buildings in residential Carroll Gardens at 50 feet. That downzoning was sponsored by de Blasio and passed by the City Council last month.
“Today we
CAMBA Project to Receive $2.2 Million for
53 Affordable, Supportive Housing Units
By Linda Collins
Brooklyn Daily Eagle
FLATBUSH — In its second round of awarding federal stimulus dollars for constructing affordable housing citywide, the NYC Department of Housing Preservation and Development (HPD) has announced funding for 600 units in 10 additional developments for a total of $28.7 million — including one in Brooklyn.
HPD Commissioner Rafael Cestero said the city became the first, earlier this year, to begin construction of new affordable
GREENPOINT — Developers of the Locale Condos in Greenpoint, who had decided to try an auction when sales weren’t moving, report that five condos sold at the auction last week in Downtown Brooklyn.
The Nov. 11 auction, conducted by Sheldon Good & Company at the Brooklyn Marriott, was the first such auction in the city in well over a decade, the developer, TreeTop Development, said.
Thousands of borrowers on the verge of foreclosure will soon have the option of renting their homes from Fannie Mae, under a policy announced Thursday.
The government-controlled company, through its new "Deed for Lease" program, will
BROOKLYN — Operating fundamentals in the Brooklyn office market have improved “modestly” this year, according to a fourth-quarter Office Research Report released this week by Marcus & Millichap Real Estate Investments.
Asking rent reductions in the borough have averaged 1.1
BOERUM HILL — Martha Kamber, executive director of the YWCA of Brooklyn, reports that after a 10-month delay, work on the community center is back on track and construction crews are back to
The Post reports that some Cobble Hill residents are upset about jazz singer Norah Jones’ plans to install 10 new windows at the front of her Amity Street brownstone. Even though she received approval from the Landmarks Preservation Commission, they {read more...}
