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New York

Greenpoint buildings to be razed for resi project

400 apartments to replace old structures on factory site

From left: 49 Dupont Street and 22 Clay Street in Brooklyn
From left: 49 Dupont Street and 22 Clay Street in Brooklyn

Dupont Street Developers LLC plans to soon begin tearing down more than six properties to construct a 400-unit apartment building in Greenpoint.

The developer filed demolition permits earlier in the month for several buildings, excluding the main 1930s-era factory at 280 Franklin Street. The buildings include 49, 71 and 93 Dupont Street, and 22, 26, 30 and 32 Clay Street.

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The former owner, 49 Dupont Realty, sold all 10 sites for a total of $23.5 million in May, as The Real Deal reported at the time. Bo Jin Zhu was the authorized signatory for Dupont Street Developers LLC. That company inked a purchase contract in August 2012 to buy the site from Joseph Folkman, president of the seller, 49 Dupont Realty.

New owner Dupont Street Developers LLC has an address at a Borough Park law firm, but its identity is unclear. [Brownstoner] — Mark Maurer

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