Talk about a massive flip! This January, the sale of the Jay Street Arts at 201 Water Street building hit public records for $25 million. The buyers had some trouble — with both the DOB and the LPC — getting approvals for a residential conversion and a rooftop addition. So, guess they decided to sell! The same building just hit public records again for $45.5 million. The new buyer is the Silverstone Property Group. They have not filed any building permits since the DOB denied the previous developer’s plans, a design by Karl Fischer that would have added three extra stories. Wonder what’s in store for the building now? UPDATE: We missed this Real Deal article from earlier in May, which reports that Silverstone will bring high-end condos to this building. They are still planning an expansion, which will accomodate 85 to 90 units. Construction should begin in six to nine months and the project should wrap in 2015.
Dumbo Warehouse 39 Jay Street Sells for Big Bucks [Brownstoner]
The Jay Street Arts Building Is Going Residential [Brownstoner]
Bushwick Inlet Park Gets Nod for Sustainable Architecture [Curbed] Meeting About Controversial North Brooklyn Boat Club [Greenpointers] Brooklyn Bridge Park Beach Nears Completion [BHB] Food, Entertainment and Family Fun This Saturday at the Prospect Park Fair [South Slope News] Nostrand Avenue Street Improvements to Be Completed by June, City Says [DNAinfo] Listings Go up for Former Police Station 72 […]
There will be five homes, all with gardens or landscaped decks, on The Brooklyn Heights Association’s house tour this year. Also on the program are refreshments and guided tours of the sanctuary at the historic Plymouth Church of the Pilgrims. The tour takes place Saturday, May 10, from 1 to 5 pm. Tickets ($30 for members […]
Brooklyn, one building at a time. Name: The Decatur Address: 142-144 Decatur Street Cross Streets: Corner Marcus Garvey Boulevard Neighborhood: Stuyvesant Heights Year Built: 1888 Architectural Style: Romanesque Revival Architect: George L. Morse Other work by architect: Temple Bar Building – Court Street, Franklin Trust – Montague Street, Abraham & Straus annex – Livingston Street, […]
Brooklyn-based real estate firm Realty Collective will open an office in Clinton Hill, its fourth location. The official opening of the office at 466 Grand Avenue will take place Sunday April 27, the firm said in a press release. The new location will also handle business in Fort Greene, Bed Stuy, Crown Heights and Prospect Heights. Its […]
OK, it’s really narrow and there are a lot of down lights but this Greenwood Heights house at 396A 19th Street looks pretty cute to us. Goes to show what some great rugs and Timorous Beasties wallpaper can do, right? That bath looks pretty slick, and we also like the new unpainted clapboard exterior. We’re not so […]