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…
Tag: real-estate
Affordable housing lottery opens for Fort Greene tower with units starting at $750
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
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
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
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
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…
Housing lottery launches for 282 units at towering Lumen LIC, rent starts at $2,990
Nov. 5, 2024 By emarshall Nov. 5, 2024 By Ethan Marshall New York City has launched a housing lottery for 282 units at Lumen LIC Apartments, a residential skyscraper in Long Island City. Located at 23-15 44th Rd., Lumen LIC is 67 stories tall and contains 802 residences, with 520 being at market rate. The… Read more »
Housing lottery launches for 173 affordable units at Hunters Point’s newest high-rise, rent starts at $2,490
Oct. 31, 2024 By emarshall Oct. 31, 2024 By Ethan Marshall New York City has launched a housing lottery for 173 units at the two-tower complex at 2-20 Malt Dr. in Hunters Point. This 34-story high-rise yields 575 residences, 402 of which are market-rate. The other 173 units have been set aside for those earning… Read more »
Court axes sale of Dangler Mansion, throwing future of historic site into question
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…
Housing lottery launches for 16 units in eight story residential building in Astoria, rent starts at $3,069
Oct. 9, 2024 By emarshall Oct. 9, 2024 By Ethan Marshall New York City has launched a housing lottery for 16 units in an eight-story residential building at 11-24 31st Dr. in Astoria. Known as the Y Garden, this building has 101 residences, 85 of which are market rate. The other 16 units have been… Read more »