Foreclosure Auctions Set for 2 Big North Brooklyn Lots

Two large lots that at various points were set to be developed in Williamsburg and Bushwick will go up for auction on March 1st, according to Property Shark. The first is the 95,275-square-foot lot taking up the entire block of South 8th between Kent and Wythe avenues, 36-54 South 8th Street (pictured). Developer Issac Hager paid $42.5 million for the site in 2008, and building permits were renewed here as recently as last April. The lien for that one is $29,854,019. The second lot is at 1209 Dekalb Avenue, a 44,950-square-foot lot between Bushwick and Evergreen avenues. The DOB approved plans there in 2007 for a five-story, 126-unit build. There’s a comparatively modest lien of $10,716,077 on it. GMAP