The Real Deal New York

Bed-Stuy / Bushwick neighborhood news

  • 781 Metropolitan Avenue, East Williamsburg

    A rendering of 781 Metropolitan Avenue in East Williamsburg (Credit: Isaac & Stern Architects)

    Some bad news for Harold and Kumar: they won’t find a White Castle in East Williamsburg. Adam America Real Estate plans to put up a residential building at the location that was once home to an outlet of the hamburger chain. [more]

  • From left: Exterior of 1024 Gates Avenue and a zoning diagram of the site

    From left: Exterior of 1024 Gates Avenue and a zoning diagram of the site

    Work is reportedly now underway at Bedford-Stuyvesant’s old Roosevelt Savings Bank, where the 1907-built structure is being converted into 50 apartments. [more]

  • From left: Seth Weissman and 426 Bainbridge Street, one of his properties in Brooklyn

    From left: Seth Weissman and 426 Bainbridge Street, one of his fund’s properties in Brooklyn

    Brooklyn investor Seth Weissman is targeting a new neighborhood with his venture CityShares, a fund that enables its participants to reap the benefits of increasing apartment demand in gentrifying areas. [more]

  • [caption id="attachment_409715" align="aligncenter" width="570"]From left: Alan Dixon, 37 Prospect Place and Joshua Carney From left: Alan Dixon, 37 Prospect Place and Joshua Carney[/caption]

    A fresh crop of townhomes owned by the Australian real estate management firm Dixon Advisory is set to hit the city’s rental market. See the full story and slideshow after the jump.

  • [caption id="attachment_408790" align="aligncenter" width="570"]$2.25 million | 96 Quincy Street | June 18, 2014 96 Quincy Street which sold for $2.25M in June 18 2014[/caption]

    As prices rise in Brooklyn, brokers in Bedford-Stuyvesant have been breaking sales records left and right since March. Click here for a rundown of the neighborhood’s priciest sales.

  • 1

    117 Grattan Street (Credit: PropertyShark)

    Emmes Asset Management bought 117 Grattan Street — a 125,400-square-foot, four-story commercial building in Bushwick — for $20.75 million, according to public records filed yesterday.

    Coming on the heels of a $30 million Queens purchase, Emmes made the latest buy for a pension fund client. The company declined to identify the purchaser, however, and the name could not be immediately found in city records. [more]

  • 280 Eldert Street in Bushwick, Brooklyn

    280 Eldert Street in Bushwick, Brooklyn

    Permits were filed with the New York City Department of Buildings for a project at 280 Eldert Street in Buswick, Brooklyn. [more]

  • marcy-avenue

    Rendering of 689-691 Marcy Avenue in Brooklyn

    An eight-story, residential Bedford-Stuyvesant building that recently broke ground has changed owners. Boaz Gilad’s development firm Brookland Capital acquired the formerly vacant site late last week. [more]

  • Brooklyn’s affordable hold outs

    February 11, 2014 06:50PM
    From left: Listings at 25 Crown St. in Crown Heights, 567 39th St. in Sunset Park and 68 Garden St. in Bushwick

    From left: Listings at 25 Crown St. in Crown Heights, 567 39th St. in Sunset Park and 68 Garden St. in Bushwick

    The cost of living in Brooklyn may be going through the roof, but there are still affordable corners to be found in Bushwick, Crown Heights and Sunset Park — if you’re buying. [more]

  • 689-marcy-ave

    168 Kosciuszko Street before demolition

    Construction has begun on an eight-story residential building at the site of a vacant lot in Bedford-Stuyvesant.

    The property at 168 Kosciuszko Street, also known as 689-691 Marcy Avenue, is expected to hold 41 units – either condominiums or rentals – as well as a 13-spot underground parking garage, 23 bicycle parking spots and a storage room. The currently empty parcel formerly housed a two-story warehouse building that was razed in 2012. [more]

  • bed-stuy-hancock

    From left: Rendering of 484-484 Hancock Street and the stable buildings

    The Department of Buildings is weighing approval of a residential conversion of two 1800s-era stable buildings in Bedford-Stuyvesant, Brooklyn. [more]

  • 305 Decatur Street

    305 Decatur Street

    The slapdash heating system in a Secton 8 building in Bedford-Stuyvesant isn’t cutting it — nor are management’s lackluster promises of repair.

    Baseboard heating came to the 32-unit 305 Decatur Street in late 2013, despite resident complaints of being without warmth for years. The building’s management company, Shinda Management Corp., then claimed to have fixed the issue — but temperatures have plunged both inside and out in recent days. [more]

  • “Girls” star picks up Bushwick pad

    January 22, 2014 06:10PM
    From left: Zosia Mamet and her new Bushwick digs

    From left: Zosia Mamet and her new Bushwick digs

    Zosia Mamet, better known as Shoshanna Shapiro on the HBO hit series “Girls,” has purchased a new Bushwick property to share with her actor boyfriend, Evan Jonigkeit. [more]

  • Interfaith Medical Center at 1545 Atlantic Avenue

    Interfaith Medical Center at 1545 Atlantic Avenue

    Hospital workers and community members rallied Sunday at the financially strapped Interfaith Medical Center in Bedford-Stuyvesant in an effort to halt the hospital’s impending closure.

    The Brooklyn hospital nearly shuttered last month, but a last-minute financial reprieve in the form of emergency state funding meant to allow it to continue operations until March 2014, came through at the 11th hour. That timeline, however, is now uncertain, as some of the state funds are yet to be released. [more]

  • 376-franklin-avenue

    Now-demolished house at 376 Franklin Avenue

    East Elmhurst, Queens-based developer Tomer Development broke ground on a six-story apartment complex in Bedford-Stuyvesant.

    Tomer purchased the site at 376 Franklin Avenue, between Quincy Street and Gates Avenue, for $1.4 million in 2012. The next year, the owner tore down a white frame house leaving the site empty. Plans call for 20 units across 14,241 square feet of residential space, as well as 10 spots to park a car and 10 spots to park a bicycle. Banji Awosika is serving as the architect of record. [more]

  • From left: Condominiums at 440 Kent Avenue in Williamsburg, 360 Furman Street in Brooklyn Heights and 1 Main Street in Dumbo

    From left: Condominiums at 440 Kent Avenue in Williamsburg, 360 Furman Street in Brooklyn Heights and 1 Main Street in Dumbo

    The Brooklyn residential market has exploded over the last decade, with Williamsburg condo prices increasing nearly 150 percent and the average sale price of a Brooklyn Heights townhouse jumping 152 percent, according to aptsandlofts.com’s first ever ten-year sales study. [more]

  • CastleBraid apartments at 114 Troutman Street in Bushwick

    CastleBraid apartments at 114 Troutman Street in Bushwick

    Hipsters who took over Bushwick about a decade ago are rallying together to resist the influx of young new residents who they claim are still being supported by their parents.

    The older hipsters have expressed their frustration regarding luxury residences such as the new CastleBraid rental complex, which is chock-full of amenities to attract a fresh wave of residents. The hipster bells and whistles at the Mayer Schwartz-developed building include a recording studio and a digital media lab. Last month, the older hipsters put crime-scene tape with the word “Occupy” written on it across the building’s entrance, in reference to the Occupy Wall Street movement. [more]

  • From left: 3rd Ward's former 195 Morgan Avenue location in Bushwick and 1000 Dean Street

    From left: 3rd Ward’s former 195 Morgan Avenue location in Bushwick and 1000 Dean Street

    The city gave Bushwick’s 3rd Ward art and design space part of a $1.5 million grant to start a food incubator in Crown Heights before the center shuttered abruptly in early October, but no one will say how much was handed over or where it went. [more]

  • 1074-broadway

    1074-1080 Broadway

    Along the border between Bushwick and Bedford-Stuyvesant, a Great Neck, N.Y.-based developer has plans for a 38-unit mixed-use building.

    The eight-story building at 1074-1080 Broadway, between Lawton and Dodworth streets, would contain a 3,513-square-foot ground-floor space, a shared rooftop and a bike room. It is unknown whether the residential component will be rentals or condominiums. [more]

  • david-maundrell

    308 Malcom X Boulevard and David Maundrell

    With an ear to the ground for the next breakout Brooklyn market, brokerage Aptsandlofts.com signed a lease for 2,000 square feet over two floors at 308 Malcolm X Boulevard, between MacDonough and Decatur streets, in Bedford-Stuyvesant.

    The Williamsburg-based sales and rental brokerage opened its second Brooklyn office in Cobble Hill last year, and this marks the third. Founder David Maundrell said he is seeing families increasingly spend roughly $1 million in Bed-Stuy to convert a three-family house into a single-family one. [more]

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