Development Watch: Slowly But Surely at Albee Square
[nggallery id=”22465″ template=galleryview] It’s been a month since we last checked in with the demolition process at Albee Square Mall, future home of mixed-use City Point development. And while progress has arguably been steady, it hasn’t been particularly swift as far as we can tell. (Then again, there are probably some very good reasons why…
[nggallery id=”22465″ template=galleryview]
It’s been a month since we last checked in with the demolition process at Albee Square Mall, future home of mixed-use City Point development. And while progress has arguably been steady, it hasn’t been particularly swift as far as we can tell. (Then again, there are probably some very good reasons why taking down an entire complex like this can’t be rushed.) Wonder when they’ll actually be able to start excavating?
Development Watch: Whole Hog at Albee Square [Brownstoner] GMAP DOB
Development Watch: Albee Square Mall Gets Gutted [Brownstoner]
Development Watch: RIP, Albee Square Mall (Garage) [Brownstoner]
More Details on Albee Square aka City Point [Brownstoner]
Check out this article regarding public financing for 80 Dekalb:
http://www.brooklyneagle.com/categories/category.php?category_id=5&id=21538
To 4:34. Correction DHCR. Oh! Was there another New York State housing agency that allocated $137 million for affordable housing today? Check out DHCR’s website for today’s announcement.
to 3:40 .. DHCR is not agency mentioned by 3:00PM
3:00pm. I just checked the DCHR site. The $137 million has been allocated for projects statewide. Ratner’s project is not even listed???
Regarding 80 Dekalb, Forest City Ratner (the developer) just received $137 million in bonds for affordable housing at the site from the state Housing Finance Agency and the Affordable Housing Corp. I would imagine that things will start to pick up.
Nice to see that go.
Completely unrelated…but anyone know what is going on at nearby 80 Dekalb? No work has been going on there for months???
Or a Bed Bath and Beyond.
Great to see demolition starting up again. There was a period when the site was totally inactive. City Point is a crucial part of the Downtown Development Plan. It will be the centerpiece with the adjacent Willoughby Square Park (comparison’s to Bryant Park in Manhattan) to go along with the Toren, Hotel Indigo and Sheraton etc.