When we’re good, we’re good. We’ve been commenting on some telltale signs of a restart at 20 Henry Street for the past couple of weeks (like here and here) and, lo and behold, look at what hit the wires yesterday: A press release titled “Canyon-Johnson Urban Funds Join with Urban Realty Partners to Jumpstart Adaptive Reuse Project in Brooklyn.” That pretty much sums it up. According to the release, the 39-unit project is 30 percent complete and should be in a position again to start marketing a year from now. The new deal will provide the funding to complete both the 25-unit conversion of the existing Peaks Mason Mints building as well as the construction of the new 14-unit building on the adjacent lot. We’re certainly excited!
Canyon-Johnson Joins with Urban Realty to Jumpstart 20 Henry [BusinessWire]