A little more than one week after scaffolding went up around Avalon’s soon-to-be residential tower in Downtown Brooklyn, the mega-developer closed on the two remaining sites it needed to acquire before construction. Avalon paid $17,619,598.33 for two buildings: 383 Bridge Street and 94 Willoughby Street, according to public records. As we mentioned early this summer, those were the last two parcels needed along the corner of Willoughby and Bridge before maxing it out. This puts Avalon’s investment in the area around $100 million. The plans in place for years call for a 57-story rental tower that would wrap construction in 2014. We’re waiting for some updated plans since the deal is finally complete! See more pictures of the site after the jump, including a shot of 388 Bridge Street, the residential tower under construction right across the street.
Demo Soon for Row on Willoughby Street [Brownstoner]
Avalon Adds Another Piece to the Puzzle [Brownstoner]
388 Bridge Street
When we stopped by the old Liquid Oz space at 302 Malcolm X Boulevard in Bed Stuy recently, the building…
This four-story brick house has beautiful Greek Revival features but is in need of a top-to-bottom overhaul. Built in 1856,…
This new listing at One Brooklyn Bridge Park might be the nicest apartment we’ve seen in the waterfront building. (We’re…
Here’s a slightly pricey but modern one-bedroom condo for rent in Crown Heights. The exposed brick might not appeal to…
We were pleased to stumble across this two-family brick row house going up at 259 Hoyt Street in Carroll Gardens….