Tag: real-estate

Crest Hardware in Williamsburg to make way for 75 new apartments, 11-story tower after $22M sale

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Dec. 20, 2024 By Anna Bradley-Smith The longtime home of Williamsburg’s iconic Crest Hardware store and nearby associated properties have sold for $22 million, and a new apartment building will take the former hardware store’s place. Brokerage firm TerraCRG announced the sale in late November and the buyer, Green Street, was made public in…

Affordable housing lottery opens for Atlantic Avenue development

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Dec. 19, 2024 By Anna Bradley-Smith An affordable housing lottery has opened for 27 apartments in a recently completed nine-story, 89-unit development that runs along Atlantic Avenue overlooking the J subway tracks and a McDonald’s. The project, which replaced a Speedway gas station, is a boxy-looking modern building with intersecting gray and white panels…

Gravesend landlord charged in rental scam targeting immigrants: DA

Several of the victims of the scam at 1800 Ocean Parkway were recently arrived immigrants from Ukraine, whom Svetlana Katzevman allegedly assured she was giving discounted rent because of their shared Ukrainian heritage

Dec. 18, 2024 By Adam Daly A Gravesend woman has been indicted for allegedly running a fraudulent rental scheme that scammed prospective tenants out of $15,800, Brooklyn District Attorney Eric Gonzalez announced Monday. The DA said Svetlana Katzevman, 62, was arraigned on Dec. 16 in Brooklyn Supreme Court, where she was officially charged with…

Brewing change: Historic William Ulmer Brewery in Bushwick to become mixed-use residential and retail space

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Dec. 11, 2024 By Anna Bradley-Smith The historic William Ulmer Brewery in Bushwick is set to trade hops for housing. The landmarked 19th-century Rundbogenstil Romanesque revival building at 73-81 Beaver Street and 35-47 Belvidere Street will be converted from an industrial complex into a mixed commercial and residential one with 34 rental apartments as…

Affordable housing lottery opens for East New York’s Empire State Dairy redevelopment

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Dec. 6, 2024 By Anna Bradley-Smith An affordable housing lottery has launched for a new 14-story, 320-unit development attached to East New York’s landmarked Empire State Dairy building on Atlantic Avenue. Towering over the historic industrial building known for its impressive tile murals and rare Vienna Secession architectural style, the new complex at 268…

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…