LPC Sends Praedium Back to Drawing Board
Developers of the Candy Factory building at 20 Henry Street in Brooklyn Heights have been sent back to the drawing board by the Landmarks Commission. The LPC was concerned that the proposed nine-story addition would compromise the original modernist design from when the building was originally converted into artists’ lofts; in addition, they were concerned…
Developers of the Candy Factory building at 20 Henry Street in Brooklyn Heights have been sent back to the drawing board by the Landmarks Commission. The LPC was concerned that the proposed nine-story addition would compromise the original modernist design from when the building was originally converted into artists’ lofts; in addition, they were concerned about views of the unique garden design being obscured. The building has attracted significant attention of late: The former owner bought out of the Mitchell-Lama program two years ago and the current owner, The Praedium Group, has already begun evicting tenants in preparation for the obligatory luxury condominiums.
LPC Sends 20 Henry Back to Drawing Board [Brooklyn Eagle] GMAP
No, I think the program actually ended in 1999 on this building but the tenants (one of the resident spokesman was an architect, another a store owner) revolted and threw a legal fight seeming to think cheap rent for more than 25 years was a birthright. They lost. Owner finally sold and new owner kicked them all out. One of the many issues concerning the new addition will be what impact building in that garden space will have on neighboring frame homes from the mid-1800s.
Maybe opted out of program is better term after mortgage was paid off.
We got the impression from the article that the owners were able to cut a deal to end the program early..
I’m not sure what you mean by “bought out”. The program ran it’s full term.