Brooklyn Eagle Building on the Market

Massey Knakal has a new, $3,000,000 listing for 30 Henry Street, which is home to the Brooklyn Daily Eagle. The property is being pitched as a development site with around 16,500 buildable square feet. According to Property Shark, the building that houses The Eagle was constructed in 1963; the listing says that the paper has a $9,400, month-to-month lease of the commercial space that also includes one of the structure’s two apartments, and the other rents for $1,400 a month. This a fair price tag for prime Brooklyn Heights?
30 Henry Street Listing [Massey Knakal] GMAP
Photo from Property Shark.

26 Comment

  • errr – is this thing landmarked? i see a brown street sign.

  • This is a good site, across he street is the old candy factory that is undergoing conversion. There is a 50-foot height restriction in the Heights, which limits the profits a developer can make on this site but which will produce a building that hopefully will be in context with the landmark district.

  • This is in my neck of the woods… Jeez, this can either be somehing great or really awful.

  • This is the ideal spot for the middle school that is desperately needed in the area. Perhaps the DOE could divert some money from technology and consultants to actual school construction.

  • Oh God a Middle School will be horrible here. There is way too much traffic already on Henry Street and the almost entirely residential neighborhood in the North Heights would be overwhlemed by too many unattended kids. VOTE NO!

  • I would guess that you could make a pretty darn good profit even with a 50 foot height restriction. Restrictions might be a plus, in a way, as some of the stalled developments in Brownstone Brooklyn (thinking of the site on Court and Sackett) are HUGE undertakings, so more likely to be held up when times are economically bad. This would be a reasonably-sized, desirable project. Considering the popularity of the Heights, this will be developed.

  • In seriousness, based on the comments about landmarking and height restrictions, does that mean the buyer cannot knock this down, but is allowed to build up to 50 feet high.
    Personally, I see more commercial opportunities here than residential.

  • even if its within the landmarked area that does not necessarily mean that it has a 50 foot limit. what ever is built must be approved by landmarks and must be what they view as “contextual”…whatever that means with the large building across the street is anyone guess. I connected developer can do a lot more than someone who is not. It will mean reviews and some tweaking(and probably a lawsuit)….

  • A couple of facts: Yes this is in the historic district but no, this building is not a contributing building and therefore can be demolished if the LPC approves a replacement that is deemed Appropriate.
    The 50-foot height limit is separate from the historic district status. It is a City Planning requirement. Similar height restrictions are in place in Cobble Hill and in other districts.
    The new middle school for the area is going to be in the new residential building to be built across from the Empire Stores in Fulton Ferry. Why would the DOE plan to build another one here?

  • Minard covered it completely. Plus way too small for a school.

  • The Fulton Ferry school is actually being built/funded by Two Trees – that was the trade off for getting their view killer approved (sorry, having a middle age moment…can’t remember what the new building is called).

  • This building is a blot on the neighborhood and should die a quick death. This used to be a bustling mixed use corner (long before anyone coined the term “mixed use”!) until Robert Moses and company built the monolith diagonally across with no street presence whatsoever, the low-rise housing on the east side of Henry with an open air parking lot on the corner (blech!), and left these lots for dead. Which resulted in the characterless warehouse seen today. No serious commercial activity is going to return to this corner today, but a nice apartment building with retail on the ground level corner would be a vast improvement.

    Where are all of the high-density housing nutjobs when we need them?!

    I think this site is too small for a middle school, whatever your other feelings on the topic.

  • I have seen old photos of the buildings across the street from this that were torn down when they built the new towers and townhouses in the 1960’s. Frankly, they were no great shakes.
    Beautiful buildings were demolished along Court Street and Adams Street, but that was for the creation of Cadman park and the new courthouse.
    If it wasn’t for the garages in those “hideous” towers, Brooklyn Heights residents would have to park their cars up their wazoos as the Love Lane garages are no more.
    As time goes by I am appreciating those buildings more and more. They are real middle-income housing in a convenient location and I really like the 1960’s townhouses, which most do not even know exist. Maybe Montrose will showcase them some day.

  • The Dock Street development is stalled; it’s not happening anytime soon. Anyway, I disagree: this corner would be the perfect spot for a small middle school or, even better, a middle school annex to PS 8. It’s not the right place for commercial development, and many, many businesses on this stretch of Henry St. have died a quick or lingering death.

  • Minard: I disagree that the old buildings across the street were “no great shakes” (they could have been rehabilitated) but that wasn’t actually my point. I would have been OK with the tear-down and redevelopment IF the new buildings actually maintained active street life. But instead we got towers with no street presence whatsoever, and an open air parking lot next to the townhouses.

    Which is exactly the reason why since2000 writes “many businesses on this stretch of Henry St. have died a quick or lingering death.” Of course they do – there’s not much lingering pedestrian traffic that active mixed use would create; instead, just people bustling to/from the subway and cars driving in/out of the Heights – but not enough destinations to make them stop.

  • The Cadman Plaza redevelopment plans of the early 1960’s was the largest urban renewal project in the city. That alone makes it very significant. It was this “slum-clearance” project that gave Heights residents the impetus to have most of the Heights designated an historic district. The first one. An experiment really.
    Believe me, based on the old 1960’s photos of Brooklyn Heights, most Americans would have concurred with the “slum” status.
    But things have picked up since then. Hundreds of old Heights buildings have been restored and brought back from the brink of collapse and dereliction and today Brooklyn Heights is “as it has always been”.

  • Redundant but more specific:

    It’s not the historic district that imposes the 50-foot height limit; it’s the LH-1 zoning designation.

    The school planned for Dock Street DUMBO (the name BoerumHill couldn’t think of) is 45,000 square feet, far larger than this site could sustain. Further, I disagree with 2000’s assessment that project is stalled. Watch it break ground almost immediately after St. Ann’s Warehouse moves to the Tobacco Warehouse.

    And I really question the causality in NorthHeights’ 11:04 post.

  • Just a note: I live in 75 Henry, which is the middle of the three towers on Henry/CPW — our co-op also owns the Diner on CP, all the shops on Pineapple Walk, and the 60’s-style townhouses. The co-op is no longer made up of middle-income homes as the board opted out of the program in 2001. Renovated 2 bed/2 baths list for over 900k and the townhouses go for over a million. I know the building is not a real looker, but we have very large apartments, nice terraces, a planted garden, free storage on each floor, and a garage…

  • I loved it when this building housed the Acme Brush Company. I expected to see Wile E Coyote walk out the door.

  • BH: that is very funny!

  • Rumor is that the Brooklyn Eagle is looking at space in trendier (and less expensive) Gowanus and may have smaller branch office in DUMBO too. Eagle already has office space in Bay Ridge for the Bay Ridge Eagle. Sounds like they’re spreading their wings to cover more neighborhoods…

  • I remember it as the Ace Wire Brush Company – was this before of after Acme (it was during the 1980s)?

  • This will make a good, not great, mixed-use building(retail downstairs, condos upstairs) that Landmarks and BHA will almost assuredly force to be visually contextual. I see 3 units per floor, maybe 11 total, fair views, not great views and the retail will be fair (again, not great).

  • I am fairly sure the 50 foot limit is the street wall. Higher would be allowed set back. A corner lot is allowed more coverage. what ever is gong there will need Landmarks approval with Brooklyn Heights Association and CB 2 imput( I am a CB 2 member—)…

  • Originally, there was a church on this corner. Ironically, it was visible on the website for the Peaks Mason Mints redevelopment, now off-line.

    The 50 foot limit is for the entire site. Otherwise, you could build a 50 foot high structure next to the sidewalk, then a 300-foot high tower set back from the sidewalk. This has never happened in BH, never will.

  • I’m pretty sure the 50 foot limit applies not just to the streetwall, but of course there are all sorts of things allowed up on the roof that with some creative design can push the effective limit several feet higher than the stated maximum – so the effect is the same as a streetwall limit.

    AP, are you sure there was a church? All the photos and maps I’ve seen showed stores.