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  • The Bossert Hotel at 86 Montague Street and Gene Kaufman

    The Bossert Hotel at 86 Montague Street and Gene Kaufman

    Gene Kaufman is no longer the architect of record on the conversion project of the landmarked Hotel Bossert in Brooklyn Heights. Kaufman has been replaced by Jeffrey Holmes of Australian architecture firm Woods Bagot, according to city Department of Buildings filings.

    Developers the Chetrit Group and David Bistricer bought the 86 Montague Street property in 2012 for $81 million. [more]

  • The Interfaith Medical Center at 1545 Atlantic Avenue and Karim Camara

    The Interfaith Medical Center at 1545 Atlantic Avenue and Karim Camara

    Governor Andrew Cuomo tossed Brooklyn’s Interfaith Medical Center a lifeline by committing to fund operations at the struggling hospital until March 2014. [more]

  • From left: Greenland's Zhang Xuliang, an Atlantic Yards rendering (Credit: SHoP) and Bruce Ratner

    From left: Greenland’s Zhang Xuliang, an Atlantic Yards rendering (Credit: SHoP) and Bruce Ratner

    Shanghai-based Greenland Group is making a contribution of roughly $200 million in exchange for a 70 percent equity interest in Forest City Enterprises’ Atlantic Yards development, not including the Barclays Center and B2, the project’s first residential building. [more]

  • 388-bridge

    388 Bridge Street in Downtown Brooklyn (via Brownstoner)

    UPDATED, 2:49 p.m., Dec. 20: The Stahl Organization is now leasing at its 53-story, 378-unit condominium-and-rental tower at 388 Bridge Street, currently the tallest residential building in Brooklyn, according to the developer. [more]

  • A 12-story commercial building developed by David Bistricer’s Clipper Equity has converted some units in the building to residential rental lofts, The Real Deal has learned exclusively. [more]

  • 280 Cadman Plaza West

    280 Cadman Plaza West

    Officials from the Brooklyn Public Library revealed seven proposals to convert the Brooklyn Heights Branch into a residential or mixed-use tower with a library on the ground floor.

    The designs, each put together by different developer and architect teams, were required to include at least 20,000 square feet of library space and affordable housing at the 280 Cadman Plaza West site. [more]

  • From left: Rendering of Atlantic Yards (Credit: SHoP Architects) and a U.S. visa

    From left: Rendering of Atlantic Yards (Credit: SHoP) and a U.S. visa

    Cause of Action, a watchdog group, has accused Forest City Ratner of misrepresenting the risk to foreign investors of backing its $4.9 billion Atlantic Yards project, and asked federal legislators to investigate the developer.

    Forest City allegedly exploited census data to entice foreign investors to use the EB-5 program, which provides visas in exchange for creating American jobs. Cause of Action completed an 18-month investigation of its own before appealing to the U.S. House Committee on Oversight and Government Reform. [more]

  • A rendering of City Point in Downtown Brooklyn

    A rendering of City Point in Downtown Brooklyn

    A megaproject in Downtown Brooklyn — Acadia Realty Trust’s City Point – led the pack of the city’s 10 largest new developments approved in November. But plenty of other mammoth projects in Manhattan and elsewhere in the five boroughs made the list, according to a PropertyShark analysis of city Department of Buildings permits issued last month, ranked by square footage. Read on for a full list. [more]

  • InterContinental Hotels Group has acquired a Downtown Brooklyn site where it will build an 83,000-square-foot, 204-room hotel, the hotelier said Tuesday.

    The 13-floor hotel will offer amenities such as public workspaces, a bar and gym facilities, and will be developed under InterContinental’s Even Hotels brand. [more]

  • catsimatidis-myrtle

    John Catsimatidis and 180 Myrtle Avenue (via BuzzBuzzHome)

    Former Republican mayoral candidate John Catsimatidis’ real estate company, Red Apple Group, has proposed a 15-story rental complex with 213 units in Downtown Brooklyn, according to a plan exam application filed last week. [more]

  • A rendering of Pierhouse at Brooklyn Bridge Park

    A rendering of Pierhouse at Brooklyn Bridge Park

    Toll Brothers has released the pricing for Pierhouse, its 108-unit townhome-style development at Brooklyn Bridge Park’s Pier 1. The Brooklyn Heights project will also create 1Hotel, which will have 193 rooms, as well as restaurants, a banquet hall, retail, a fitness center and a 300-car parking garage. Construction is slated to be completed in 2015. [more]

  • 85 Jay Street

    85 Jay Street

    Developers are lusting after a Jehovah’s Witnesses parcel in Dumbo that is, for the moment, not for sale — despite the best efforts of would-be buyers to pry 85 Jay Street out of the Witnesses’ hands for as much as $400 per buildable square foot, or potentially $352 million. [more]

  • city-point-phase-2

    Rendering of City Point phase two in Downtown Brooklyn

    UPDATE, 2:45 p.m., Nov. 19: The second phase of City Point, the 1.9 million-square-foot mixed-use project in Downtown Brooklyn, is running behind schedule after 120 workers walked off the site last week. [more]

  • Median NYC rents by neighborhood (Credit: Curbed, Zumper)

    Median NYC rents by neighborhood (Credit: Curbed, Zumper)

    Good news New Yorkers: though Brooklyn rents continue to rise, they have hit a “plateau” in Manhattan, according to data from Zumper. [more]

  • From left: Zhang Xuliang, an Atlantic Yards rendering (Credit: SHoP) and Bruce Ratner

    From left: Greenland Group’s Zhang Xuliang, Atlantic Yards rendering (Credit: SHoP) and Bruce Ratner

    A Chinese developer that recently snapped up a majority stake in Atlantic Yards is feeling the wrath of Brooklyn’s community leaders. Critics gathered today to demand Greenland Group speed up the construction of 2,250 units of affordable housing promised for the controversial project. [more]

  • City Point

    Rendering of 1 Dekalb Avenue

    Talent agency Art Partner is the first office tenant to climb aboard the mixed-use development City Point in Downtown Brooklyn.

    The first phase at 1 Dekalb Avenue has already granted leases to ground-floor retailers Armani Exchange and Century 21. The 30-employee agency signed a 15-year lease for 10,000 square feet as part of the 30,000 square feet of total office space. [more]

  • Mixed-use Dumbo building asks $34.5M

    November 08, 2013 03:48PM
    25 Jay Street

    25 Jay Street

    A mixed-use building at 25 Jay Street in Dumbo has hit the market for $34.5 million, according to a release from Manhattan-based investment sales brokerage the Highcap Group, which is marketing the property.

    The five-story property on the corner of Jay and John streets has 29 apartments and five ground-floor commercial spots. Approved plans for a 15,000-square-foot rooftop addition that can accommodate an additional 15 apartments will be delivered with the building, the release said. [more]

  • MaryAnne Gilmartin and the Barclays Center

    MaryAnne Gilmartin and the Barclays Center

    Forest City Enterprises gave slightly less than $9 million to political candidates and lobbyists to push through two of its developments —Brooklyn’s $4.9 billion Atlantic Yards and a mixed-use project in Albuquerque, N.M. – but failed to make good on its promises to create jobs and affordable housing, according to a new report by a conservative watchdog group.

    Forest City denied the accusations and told The Real Deal that it will fulfill its commitments to the community. [more]

  • Danny Meyer and the theater at 262 Ashland Place in Downtown Brooklyn

    Danny Meyer and the theater at 262 Ashland Place in Downtown Brooklyn

    Danny Meyer, the celebrity chef behind Shake Shack, is bringing an eatery to the lobby of the new Shakespeare theater in Downtown Brooklyn.

    At a meeting Wednesday, Meyer won over Community Board 2 in his quest for a liquor license for the cafe at the Theatre for a New Audience, located at 262 Ashland Place. [more]

  • [caption id="attachment_303979" align="aligncenter" width="570"]From left: Michael and Jack Cayre outside Empire Stores (Photo credit: Adam Pincus) From left: Michael and Jack Cayre outside Empire Stores (Photo credit: Adam Pincus)[/caption]

    A trio of developers rehabilitating Empire Stores, the Civil War-era warehouse building in Dumbo, are asking an eye-popping $90 per square foot for roof-top office space, a figure that several unaffiliated brokers said was a record for the borough. See the photos after the jump.

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