Jan. 26, 2024 By Anna Bradley-Smith
The number of Brooklyn homeowners at serious risk of losing their homes through foreclosure more than doubled from 2022 to 2023, with 541 homes being the subject of first-time foreclosure auctions last year compared to 180 in 2022.
Jan. 5, 2024 By Anna Bradley-Smith
After an ultimate-hour storm of protests failed to save Park Slope’s iconic Grand Prospect Hall, the wedding and event hall that had stood for over a century was razed in a jiffy, but the apartment building that will replace it is taking some time.
Jan. 4, 2024 By Anna Bradley-Smith & Cate Corcoran A nine-story apartment building with a curved and rippled facade like an Art Deco ocean liner is rising at the epicenter of one of the oldest settlements in Brooklyn. Benefiting from a rezoning and replacing the gas station that long held the corner of Bushwick and Metropolitan in East Williamsburg, the development will have 136 rentals, some of which will be affordable housing. The structure had reached six stories and dozens of workers were on site at 828 Metropolitan Avenue when Brooklyn Paper’s sister publication Brownstoner passed by last week. The…
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Jan. 1, 2024 By Anna Bradley-Smith
With 2023 on the way out, we take our annual look back at the Brooklyn buildings and neighborhoods considered significant enough to merit designation by the Landmarks Preservation Commission during the year.
Dec. 28, 2023 By Isabel Song Beer
At about 1 a.m. on Thursday morning, the Realty Advisory Board on Labor Relations and 32BJ SEIU union members — who represent 17,000 of New York City’s commercial building cleaners — reached a tentative contract agreement ahead of the current contract’s Dec. 31 expiration date.
Dec. 25, 2023 By Anna Bradley-Smith A new 100% affordable housing development planned for Rutland Road in East Flatbush dubbed Utica Crescent is moving forward, having secured a new-building permit and construction funding. The Utica Crescent complex is being built with state-financed tax-exempt bonds and subsidies as part of the Vital Brooklyn Initiative. The 12-story, two-building…
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Dec. 21, 2023 By Isabel Song Beer
An estimated 10,000 members of property services union SEIU local 32BJ marched and rallied outside of Radio City Music Hall and 30 Rockefeller Center on Wednesday after voting to authorize a potential strike and urged the Realty Advisory Board to agree to a new contract.
Oct. 12, 2023 By Cate Corcoran
Call the Brooklyn real estate market sclerotic, but it’s neither crashing nor booming, according to third-quarter reports out today. In fact, the numbers mimic the market before Covid, although conditions have changed.
Jul. 7, 2023 Sponsored by Brownstone Agency, Inc.
Owning a brownstone is amazing but managing one can be stressful. That’s why having the proper insurance coverage can provide relief.
Apr. 13, 2023 By Anna Bradley-Smith
The dizzying pace of the Brooklyn real estate market over the last decade is slowing as prices flatline across the borough and the number of sales and inventory both drop, according to a first quarter market report.