75 Schermerhorn Street to Remain a Parking Lot?

A tipster living in Downtown Brooklyn noticed that work is under way at 75 Schermerhorn Street, the large parking lot that sold in a foreclosure auction for $11 million last summer. So what’s to come? If DOB permits are any indication, it’s just going to be another parking lot! The DOB approved this building application earlier this month for “general construction to an existing parking lot. New accessory attendant’s booth. Install car lifts as per plans filed herewith.” Edison Properties, which owns the lot, develops residential, office and storage space, and it seems bizarre that they’d spend all that money to keep a parking lot. Perhaps they’re biding their time until development plans come through. In other news about this lot, Community Board Two’s land-use committee just approved an application for the parking company here to grow English ivy on the chain link fence on the perimeter of the lot. According to CB2, the planted area will encroach 18 inches on the sidewalk.
75 Schermerhorn Lot Sells for $11 Million [Brownstoner]
Huge DoBro Lot Under Foreclosure Pressure [Brownstoner] GMAP P*Shark