In what could be the tipping point for our home base of Clinton Hill, the troubled corner of Grand and Putnam, now marked by drug dealers and bodegas, is slated for a 50-unit condominium project. This is huge news for us–and we bet Adrian Grenier, who’s busy fixing up his place just down the block, will be happy too. We’d heard this rumor as long ago as last summer but had been unable to confirm until a reader forwarded us this Century 21 listing this morning. From what we can tell from the listing, the current owner of the 9,000-square-foot property, which includes the corner bodega, a hair salon and the restaurant Kush, is looking for a $7 million investment from a joint venture partner. (It’s unclear whether the project includes the other building closer to Cambridge.) We’ve got no idea if the numbers make any sense, but if the project goes through it would be hugely positive news for those of us who live in the eastern portion of Clinton Hill, between Washington and Classon. In addition to making it harder for the police to continue to ignore the problems on this corner, the project could make it increasingly attractive for more upscale stores and restaurants to open on Fulton, similarly to what’s happened in Fort Greene. We’ll be keeping our fingers crossed.
Listing #1716454 [Century 21] GMAP