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]
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Learn about gardening and food policy at the Brooklyn Botanic Garden this weekend during its 33rd annual Making Brooklyn Bloom conference. The event, which is free with admission to the garden, includes workshops, networking lunches for gardeners and urban famers, walking tours and gardening how-tos. Workshops will cover topics like composting, soil contamination, nature walks […]
Brooklyn, one building at a time. Name: Row houses Address: 175-183 6th Avenue Cross Streets: Lincoln and Berkeley places Neighborhood: Park Slope Year Built: 1889 Architectural Style: Romanesque Revival Architect: Frederick B. Langston Other work by architect: Row houses on Hancock Street, Bedford Stuyvesant. With frequent partner Magnus Dahlander – row houses, flats buildings in […]
A group of artists are transforming a large parking garage on Dean Street between Grand and Classon into a performance space that will feature a restaurant, bar, art gallery and a large backyard, as DNAinfo was the first to report. Their venture, Global Square, will host concerts, dance performances, movie nights and art shows at […]
Crown Heights 466 Prospect Place Broker: Fillmore Price: $2,999,000 Sunday 1:00 – 2:30 GMAP Williamsburg 265 North 6th Street Broker: Elliman Price: $1,750,000 Sunday 1:00 – 2:30 GMAP Crown Heights 1537 Pacific Street Broker: Urban Vue Price: $1,600,000 Saturday 10:00 – 2:00 GMAP Bed Stuy 600 Hancock Street Broker: Sky Group Realty Price: $800,000 Saturday […]