Continuing our fascination this week with development activity near the downtown Atlantic Avenue corridor, we turn our sights to 50 Dean Street, a 70-by-100-foot lot between Smith and Court. A group named Dean At Boerum Hill LLC appears to have paid $4.3 million for the property last summer and taken out additional financing since to build 23 condos. We’d venture a guess that this LLC is jointly owned by the two entities emblazoned on the sign above, Recal and WexTrust. Other than that, we’re flying blind here, folks. There’s another vacant lot (a former garage, we believe) with a similar blue barricade directly across the street (see additional photo on the jump), though we haven’t been able to connect the dots between the two owners.
GMAP P*Shark

P*Shark