The conversion of the Franklin Trust building at 166 Montague in Brooklyn Heights is well underway but is not close enough to completion for the project’s website to have any information. All we know at this point is that the 10-story landmarked building will ultimately contain 24 residential units along with a health spa and a part-time doorman; Elliman will have the exclusive. The Real Deal reported last summer that one-bedrooms will be about 800 square feet, the two-bedrooms 1,250 square feet and the three-bedrooms 1,600 square feet. Sales are expected to start in the late spring or early summer. You gotta think they’re going to at least try for $1,100 or $1,200 a foot for some of the nicest units.
166 Montague: The Height of Change in Brooklyn Heights [The Real Deal] GMAP