The Real Deal New York

Boerum Hill / Cobble Hill / Carroll Gardens neighborhood news

  • fortis

    339 Hicks Street and Fortis’ Joel Kestenbaum

    Developer Joel Kestenbaum’s Fortis Property Group has altered its plan for the Long Island College Hospital site in Cobble Hill, proposing extra affordable housing.

    Under the new plan, fully 25 percent of the condominium and rental units in the residential component would be affordable housing. In addition, the hospital component at 339 Hicks Street would offer enhanced primary care, as well as standalone facilities such as a cancer center and emergency facility. [more]

  • From left: 60 Warren Street in Tribeca and a rendering of 19 East Houston Street in Soho

    From left: 60 Warren Street in Tribeca and a rendering of 19 East Houston Street in Soho

    The median price for a New York City home in 2013 rose just two percent year-over-year to $475,000, according to data from StreetEasy, but the price changes in individual neighborhoods were far more pronounced. [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]

  • Cobble Hill condos vanish from market

    October 31, 2013 09:01AM
    A rendering of Kane 1.1.3 at 111-113 Kane Street

    A rendering of Kane 1.1.3 at 111-113 Kane Street

    Perhaps the numbers weren’t adding up. Kane 1.1.3, a Cobble Hill condominium development that hit the market in September, has now pulled all its listings off the market. The building at 111-113 Kane Street is currently under construction and was originally supposed to see closings this fall. [more]

  • From left: Atlantic Terminal at Hanson Place and 140 Court Street

    From left: Atlantic Terminal at Hanson Place and 140 Court Street

    Brooklyn is getting two more high-end retailers. The Japanese retailer Uniqlo, land of the heat tech tops and featherweight jackets, will open in Brooklyn’s Atlantic Terminal Mall, while Intermix, a pricier outpost that features merchandise from Rag & Bone, L’Agence and 10 Crosby by Derek Lam, will open on November 7 at 140 Smith Street in Cobble Hill. [more]

  • 298 Sackett Street

    298 Sackett Street

    Despite a renaming and revolving developers, all 32 condominiums at Alchemy Properties’ Sackett Union are sold, and only four of the 11 adjacent townhouses remain. [more]

  • LICHDeBlasio

    Bill de Blasio and the Long Island College Hospital

    Public Advocate and mayoral front-runner Bill de Blasio will get to help decide the fate of the financially-strapped Long Island College Hospital in Cobble Hill, a state supreme court judge has ruled. De Blasio – who was recently arrested at a rally to keep LICH open and who has used the hospital as a key talking point in his campaign – will join community groups such as the Brooklyn Heights and Cobble Hill Associations in the fight to keep the hospital open. [more]

  • citibike-carroll-gardens

    Citi Bike and Joan Millman

    An elected state official from Brooklyn thinks a vacant lot in Carrroll Gardens would make a great Citi Bike station — and the real estate company that owns the land agrees.

    Assemblywoman Joan Millman is pushing city transportation officials — with the support of 336 Union Realty LLC — to bring the bike-sharing program to the Smith and Union streets site. The parcel, one block from the Carroll Street subway station, is not on the street so no parking spots will be lost, Millman said. [more]

  • Splendid's Jonathan Saven (inset) and 142 Court Street

    Splendid’s Jonathan Saven (inset) and 142 Court Street

    Splendid, the Los Angeles-based clothing chain, has inked a long-term lease on Court Street in Cobble Hill, becoming the latest in a string of national retailers to sign on to the neighborhood, The Real Deal has learned.

    The clothier will be setting up shop with 1,100 square feet in the ground floor of 142 Court Street, at the corner of Pacific Avenue, in the next several months, with a plan to be up and running in time for the holiday shopping season. [more]

  • Buying a memorable staycation

    July 28, 2013 12:00PM
    South Down Lakes Region, N.H.

    South Down Lakes Region, N.H.

    From Luxury Listings NYC: If you ask Dan Dicarlo where to find value, the 42-year-old retired Wall Street trader will tell you the Sandy-ravaged Jersey Shore. That’s where he found his second home. [more]

  • Christy Romero

    Christy Romero

    A report released by the Treasury Department’s Troubled Asset Relief Program reveals that its mortgage modification program appears to have been helping servicers more than homeowners, the New York Times reported.

    The report, by Christy Romero, the special inspector for TARP, reveals that although more than a third of homeowners who received loan modifications under TARP’s mortgage modification program have since stopped paying, banks and other mortgage servicers kept the money they received for modifying those loans. [more]

  • Guy Geier

    Guy Geier

    The largest construction and architecture firms are seeing healthy growth in their employment figures, suggesting a rebound in building activity, Crain’s reported.

    Full-time employment at the top construction companies was up 1.6 percent in 2012, while the number of architects at the largest firms was up 8 percent from a year earlier. Though the job gains at many architecture firms were less than those seen in the first years of the millennium, there are those who insist that ultimately, that is a good thing. [more]

  • 166 Smith Street in Brooklyn

    166 Smith Street in Brooklyn

    The property at 166 Smith Street in Brooklyn, once known for being one of the ugliest buildings in the city, has been redeveloped into a three-story rental building with storefronts on the ground floor, the New York Observer reported. [more]

  • From left: 151 Court Street in Brooklyn, CPEX's Kristina Triglia and Ryan Condren

    From left: 151 Court Street in Brooklyn, CPEX’s Kristina Triglia and Ryan Condren

    As part of the further transformation of retail shopping in Brooklyn, the global apparel chain J. Crew is coming to a two-story building in Cobble Hill, according to two people familiar with the transaction. [more]

  • 280 Bond Street (Credit: PropertyShark)

    UPDATED, 9:10 p.m. May 20: A group of Carroll Gardens and Gowanus, Brooklyn residents are up in arms over the proposed renovation of 280 Bond Street, a warehouse, into the Rock & Roll Playhouse, Pardon Me For Asking reported. The group issued a petition to Community Board 6 to halt the development.

    Peter Shapiro, who’s also behind music venue Brooklyn Bowl, seeks to renovate the warehouse into the facility. The proposed venue, at Degraw Street, will abut several residential properties. [more]

  • From left: Deborah Rieders and interior images of her home

    Deborah Rieders, a senior vice president at the Corcoran Group who was named the firm’s top Brooklyn broker of 2012, sold her Boerum Hill townhouse for its $3.2 million asking price, according to public records filed on Friday. [more]

  • Exterior and interior renderings of the Townhouses of Cobble Hill

    Progress is taking place at the Townhouses of Cobble Hill, a set of nine townhouses — four historic and five that have yet to be built — on a single Congress Street block in the Cobble Hill Historic District. A team of developers said they will begin marketing three of the homes in the next month, though a specific date was not disclosed. [more]

  • The Tracy Mansion in Park Slope

    From the April issue: Besides kid-friendly restaurants and baby strollers, Brownstone Brooklyn neighborhoods — think Park Slope, Boerum Hill — are amassing something else: more townhouse listings and sales over $3 million. [more]

  • Long Island College Hospital in Brooklyn

    The prospect of Cobble Hill’s 150-year-old Long Island College Hospital closing its doors for good has NYC’s developers drooling at the thought of $1 billion worth of new construction and conversions, according to the New York Daily News.

    The prime Brooklyn site includes five main and several smaller buildings, a waterfront parking lot and townhouses all around Atlantic Avenue and Henry and Hicks streets. [more]

  • Long Island College Hospital in Brooklyn

    After weeks of denial, State University of New York officials have admitted in court that real estate was discussed during a closed-door meeting on the future of the financially troubled Long Island College Hospital in Cobble Hill, the Brooklyn Paper reported. The revelation has effectively led to a delay of the target closure date, set for May 21.

    The hospital’s $500 million property holdings were discussed in a private meeting held on Feb. 7 that activists believed should have been public, according to court documents seen by the Brooklyn Paper. [more]

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