Neighbors Passionately Oppose Proposed Pineapple Walk Tower, But It's As of Right
If someone wanted to build a 40-story skyscraper right outside your window, would you be as riled as the residents of 101 Clark Street? A meeting held in the building on Wednesday evening provoked passionate opposition to a developer’s proposal for condos next door, according to the Brooklyn Eagle. Unfortunately, there’s not a lot residents of…
If someone wanted to build a 40-story skyscraper right outside your window, would you be as riled as the residents of 101 Clark Street?
A meeting held in the building on Wednesday evening provoked passionate opposition to a developer’s proposal for condos next door, according to the Brooklyn Eagle. Unfortunately, there’s not a lot residents of 101 Clark can do.
The land in question, which holds a small pedestrian retail strip at the base of 101 Clark, is owned by a neighboring co-op — Whitman Owner Corp. at 75 Henry Street. An unnamed developer has offered $75,000,000 for the site, which comes out to more than $100,000 for each of the co-op’s owners, depending on the size of their unit. It’s a sweet deal for Whitman.
But because the condo tower conforms to all zoning rules, it can be built as of right. That means the developer doesn’t need the city’s permission for any waivers, and residents of 101 Clark won’t have the opportunity oppose it in a formal land-use review, or ULURP, process.
That said, the board has already started reaching out to land-use attorneys and drafting a letter to Whitman’s shareholders, the Brooklyn Eagle reported.
The Brooklyn Heights Association has also come out in opposition to the proposed condo tower, and Pineapple Walk’s current retail tenants — who would be booted during construction — also don’t see any recourse.
“If they want to get rid of us, they will get rid of us,” said Andrea Demetropoulos of Rocco and Jezebel for Pets to the Brooklyn Eagle.
Whitman shareholders will vote by January 15 on whether to move forward with the developer deal.
[Source: Eagle | Photos: Barbara Eldredge]
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didn’t your story couple days ago say $200k for studio and over $300k for larger apt? now we’re down to 100K?
Actually, I wrote they’d get anywhere from “$120,000 for studio owners at 75 Henry to $260,000 for those owning a three-bedroom and more for those who live in townhouses in the development.” [http://www.brownstoner.com/blog/2015/12/brooklyn-heights-development-condo-pineapple-walk-cadman-plaza-whitman/]
But writing “more than $100,000” felt like a somewhat simpler way to convey that the co-op owners would each get a significant sum from the sale.
a new tower would be great! the city desperately needs more housing and this area could certainly use more supply.
It’s a not uncommon developer tactic to sweeten the deal. Same thing happening with Heights Library development proposal — the BPL gets a new library space that they own, though the developer owns the site and the condos above. Similarly with Pineapple Walk, the developer wants to buy the site and build their condo tower, but they’d give Whitman ownership over the ground-floor space of the new building as a commercial condo for Whitman to rent out. Does that make sense?
Yes, the developer has said they plan on adding an equivalent amount of ground-floor retail that Whitman shareholders would rent out — as they do with the current spaces.
yeah because i’m sure the guys who want to develop this site are tooootally in it to house the homeless or lower income people