PLG Tower Site Officially Sells


The sale of the Prospect Lefferts Gardens lots at 31 Lincoln Road-510 Flatbush Avenue just hit public records, showing that the parcels sold for $6,500,000. Last month there was news that the buyer intends to build a 140-unit affordable rental here. There’s also been some action on the DOB filing front in the form of a permit application for the new building, though it’s a bit confusing: In one spot it looks like the application is for a 24-story building, and in another it appears that the developers only intend to go eight stories high and build 52 units. A call for clarification on the plans to the development company, Century Building Associates, was’t returned.
Development Watch: Action at PLG Tower Site [Brownstoner]
Would-Be PLG Tower Site Sold? [Brownstoner]
Site for Glassy PLG Tower Hits the Market [Brownstoner] GMAP DOB

3 Comment

  • The architect associated with these filings, Tom Anderson of Anderson Associates, is also behind 145 Park Place in Park Slope, the new-ish (2001 or so) condo that’s nice and brownstoney on the Park Place side but a hideous (and construction problem-plagued) higher modern structure on Flatbush Ave. – maybe he’s planning for the same thing here, which could explain it being lower on one side (presumably Lincoln Rd) and higher on the other. However, 145 Park Place is only 8 stories on its high side and six on Park Place, in keeping with the zoning. Perhaps the additional units shown on floors 13 – 23 on the Schedule A are just leftovers from the earlier filing for that glass monstrosity and carelessly not removed? Otherwise it jumps from floor 8 to floor 13 with nothing else in between. Much as I don’t love 145 Prospect Place (the modern side at least) something like that, with a commercial and a community space (which we need desperately here) wouldn’t be too bad.

  • Thomas Anderson is also a partner in the new owner, and the seller took back a $5.5 million mortgage on the property.

  • Thomas Anderson is also a partner in the new owner, and the seller took back a $5.5 million mortgage on the property.