Top 5 Stories on Brownstoner This Week: Shopping Hub Opens in DoBro, Park Gala Raises $1.1 Million

City Point, Flagship of Downtown Brooklyn’s Transformation, Debuts With Century 21 Store

The multi-decade, multi-billion-dollar plan to transform Downtown Brooklyn advanced Tuesday with the opening of discount fashion mecca Century 21 Department Store at City Point. Eager shoppers will have about three football fields of merch to finger in the four-story-high, 140,000-square-foot emporium at 445 Albee Square West, about half a block from Fulton Street.

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Your Complete Guide to Applying for Affordable Housing in NYC

Affordable housing does not have to be a pipe dream — many potential contenders don’t realize they’re eligible and, even more frequently, don’t know how to apply. Affordable housing lotteries represent New Yorkers’ path to scoring a subsidized unit in what are frequently new, amenity-rich buildings. There are often more than 10,000 applications for every 100 available units — but don’t let the numbers discourage you. Some 60 percent of those applications are usually disqualified, according to the New York Times.

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Tricked-Out Townhouse in Wallabout Melts Snow, Opens Up, Has Smart Bidet, Asks $4.25 Million

This house at 140 Clinton Avenue in Wallabout sits next to a recent House of the Day — a temple-fronted Greek Revival — and the pair must offer a greater study in contrasts than any two side-by-side houses in Brooklyn. The Greek Revival dates back to 1835 and sports a quartet of Corinthian columns — this one is sleek, modern and brand new. The interior is full of open spaces, clean lines, oversized windows and recessed LED lighting, with retractable walls of windows at the rear of the parlor level and in the second-floor master bedroom.

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Yes, It’s True — Brooklyn Homes Are Now More Expensive Than Ever

Fuggedabout a slowdown in Brooklyn. Home prices in the borough keep on going up, up, up. Closed-sale prices for all types of homes in the borough set a new record in the third quarter, rising to a median sale price of $675,000 and an average square foot price of $950.

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Brooklyn Bridge Park Black Tie Ball Raises $1.1 Million for Culture in the Park

Actors, fashionistas and real estate big wigs gathered on Pier 2 on a balmy fall evening last Thursday for the annual Brooklyn Black Tie Ball. Attendees, garbed in the recommended “Brooklyn Black Tie” — aka fun and not so formal — partied against the backdrop of the New York skyline to raise $1.1 million for the Brooklyn Bridge Park Conservancy, a record for the event.

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