Yesterday Ariel Property Advisors announced the sale of the huge lot at 626 Flatbush Avenue, in Prospect Lefferts Gardens, to the Hudson Companies. The Hudson Companies, developers behind Third + Bond as well as the new Kensington build 22 Caton Place, paid $11 million for the lot. The L-shaped parcel — the large building at the top center of the above image and the parking lot behind it — is on Flatbush between Parkside Avenue and Lincoln Road. They plan to build a 23-story, 254-unit rental building there, 20 percent of which will be affordable. DOB documents also indicate that there will be 4,758-square-feet of commercial space and 3,583-square-feet of community space. According to Ariel’s press release, “The property features 100 feet of frontage on Flatbush Avenue and a rear parking lot, which is approximately 52,265 square feet… The deal had to overcome several major hurdles before closing, including resolving an easement issue and relocating several commercial tenants.” Indeed, the developers signed a contract for the site back in March 2012, and the news leaked in February. The tower, the first new high-rise for the neighborhood, will be designed by Rogers Marvel Architects. The Department of Buildings have not yet approved the new building application.
Massive Tower Planned for Prospect Lefferts Gardens [Brownstoner]
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Two of Brooklyn’s most influential figures in art and real estate, choreographer Elizabeth Streb and developer Jed Walentas, will discuss the borough’s evolution and the importance of supporting artistic ventures next month at the Brooklyn Historical Society. The MacArthur Genius Award-winning choreographer started the Streb Lab for Action Mechanics (SLAM) in a Williamsburg warehouse in 2003, […]
Brooklyn, one building at a time. Name: Berean Missionary Baptist Church Address: 1635 Bergen Street Cross Streets: Utica and Rochester Avenues Neighborhood: Crown Heights/Weeksville Year Built: 1894 Architectural Style: English Gothic Architect: Benjamin Wright Landmarked: No, but should be The story: On August 11th, 1850, a group of Brooklyn abolitionists got together to found a […]
A tipster sent along these photos of Tripp & Cooper Cafe in Fort Greene, which the city closed Tuesday for operating without a permit. The cafe and coffee shop at 80 Dekalb Avenue, across the street from the Long Island University campus, opened in the fall of 2012. It served crepes, coffee, sandwiches and pastries. […]
Park Slope 526 3rd Street Broker: Brown Harris Stevens Price: $3,995,000 Sunday 12:00 – 1:30 GMAP Greenpoint 78 1/2 Norman Avenue Broker: Corcoran Price: $2,495,000 Sunday 1:00 – 2:30 GMAP Clinton Hill 308 Waverly Avenue Broker: Elliman Price: $2,250,000 Sunday 1:00 – 3:00 GMAP Bed Stuy 165 Lewis Avenue Broker: Corcoran Price: $840,000 Saturday 2:00 […]