Prospect Heights Bank

Architect’s illustration via Brooklyn Public Library

To the woe of local preservationists, the Landmark Preservation Commission has announced that, following review, they did not find a former bank in Prospect Heights to be worthy of landmarking. The neoclassical property at 856 Washington Avenue has been approved for demolition, with permits filed to replace it with a 14-story condo building. (more…)

205 Montague

A property at 205 Montague Street — with air rights enabling a 700-foot-tall tower — just went on the market for a cool $200,000,000. That’s more than 250 feet taller than the oh-so-controversial proposed Brooklyn Heights replacement library and condo tower at 280 Cadman Plaza West. It’s also 282 feet higher than Brooklyn Heights’ tallest existing building. (more…)


Read Property Group, developer of the massive Bushwick mega-project Rheingold Brewery — it encompasses at least 10 city blocks — has sold part of the site to another developer, named Joel Goldman. The sale has not yet hit public records, but Read told local Council Member Antonio Reynoso and community development watchdog group Rheingold Construction Committee about the sale, City Limits reported.

It’s business as usual for developers to resell or flip development sites. But Reynoso and community organizers are worried Goldman and another developer, Rabsky — which also bought part of the site last year, for $53,000,000 — won’t honor the promises Read made to build affordable housing on the site in exchange for a 2013 rezoning. (more…)