Tag: real-estate

City Council approves ambitious Brooklyn Yards development plan

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Nov. 27, 2024 By Anna Bradley-Smith The ambitious Brooklyn Yards development plan, an engineering feat that will build housing over an active rail line, was approved by the City Council on Thursday. The rezoning calls for a 14-building mixed-use mid-rise complex with 267 residences poised on a narrow platform spanning two blocks above a…

Affordable housing lottery opens for Fort Greene tower with units starting at $750

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Nov. 27, 2024 By Anna Bradley-Smith An affordable housing lottery has opened for a new 21-story, 294-unit tower blocks away from Fort Greene Park, with apartments starting at $750 a month. The lottery for the 99 Fleet Place Apartments includes 76 units, all rent stabilized and income restricted, 62 of which could be deemed…

New Hermès storefront in Williamsburg sparks debate over ‘fake’ historic design

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Nov. 21, 2024 By Cate Corcoran The under-construction Brooklyn flagship of the iconic French luxury brand Hermès has been making waves on social media since its unveiling from scaffolding in recent weeks. Standing prominently on a high-traffic corner in Williamsburg, the storefront at 111 North 6th Street gives the impression of a cluster of…

City Council passes Brooklyn CM Chi Ossé’s broker fee bill with veto-proof majority

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Nov. 13, 2024 By Ethan Stark-Miller The City Council on Wednesday overwhelmingly voted to free New York renters from having to pay costly real estate broker fees — passing legislation introduced by a Brooklyn Council Member that will make the party who hires a listing agent responsible for footing the bill. The legislation passed…

Landmarks panel calls for slimmer design on historic Hancock Street

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Nov. 13, 2024 By Anna Bradley-Smith A design for new infill on an architecturally distinguished and landmarked block of Hancock Street needs refinement, the city’s Landmarks Preservation Commission said at a hearing late last month. While the commissioners were, overall, enthusiastic about the front of the new building’s design and detailing, they agreed at…

Affordable housing and sunlight preserved in landmark Spice Factory development deal near Brooklyn Botanic Garden

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Nov. 12, 2024 By Anna Bradley-Smith After years of negotiations, Continuum’s planned residential tower on the former Spice Factory site near the Brooklyn Botanic Garden is set to move forward, with a new agreement reached today between the developer, local council member, and garden leadership on the building’s height and affordability. The 14-story tower…

Court axes sale of Dangler Mansion, throwing future of historic site into question

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Oct. 10, 2024 By Anna Bradley-Smith In a rare case of the state blocking a property sale over questionable dealings, a judge has sided with the attorney general in a long running drama that has pitted locals and preservationists against a developer and a nonprofit in Bed-Stuy. In a dramatic development, a Kings County…