The Real Deal New York

Williamsburg / Greenpoint neighborhood news

  • Rendering of 155 West Street

    Rendering of 155 West Street

    A trio of stalled development projects along the Williamsburg waterfront are looking to renew their building permits and revive work halted during the recession.

    Property owner Rector Hylan is looking to renew a 2006 permit to build 18- and 24- story towers with 450 apartment units at 420-430 Kent Avenue, two blocks from Two Trees Management’s Domino Sugar project. Twenty percent of the units in the properties would be affordable, according to DNAinfo. A nearby project at 462-490 Kent Avenue, dubbed the Rose Plaza on the River, would bring five buildings with 754 units, 226 of which would be affordable. That project was approved in 2010. [more]

  • From left: Fred Wilpon, 90-96 Meserole Street in Williamsburg and Steven Vegh

    From left: Fred Wilpon, 90-96 Meserole Street in Williamsburg and Steven Vegh

    Sterling Equities just closed on a 32-unit rental apartment building in East Williamsburg for $21 million, or $656,250 per unit, The Real Deal has learned. The transaction appears to be one of the highest per-unit prices ever paid for a walk-up in Brooklyn. [more]

  • Interiors at 260 North 9th Street

    Interiors at 260 North 9th Street

    UPDATED, 3:40 p.m., June 9: Condominium development 260N9, located near McCarren Park at Williamsburg’s 260 North 9th Street, is gearing up to start sales next month. [more]

  • From left: "A Tree Grows in Brooklyn" and 120 Jackson Street

    From left: “A Tree Grows in Brooklyn” and 120 Jackson Street

    The impending demolition of 120 Jackson Street, where “A Tree Grows in Brooklyn” author Betty Smith once taught sewing to immigrant children, has neighbors in a NIMBY uproar. [more]

  • 13-thames

    13-15 Thames Street in Brooklyn

    The New York City Loft Board is facing a suit from a group of eight tenants who claim the board secretly locked them out of an executive board meeting. The meeting was to determine whether the tenants were illegally removed from an East Williamsburg complex where a motorcycle gang was allegedly used to harass the residents.

    The suit, filed May 16 in Manhattan Supreme Court, claims that during a January 2014 meeting, the Loft Board, which regulates the conversion of former manufacturing facilities into residential spaces, met in a closed session regarding a legal dispute at the 13-15 Thames street property. [more]

  • 49dupont1

    49 Dupont Street in Greenpoint

    A low-profile builder within New York City’s Chinese community purchased a stake in a large development site in Greenpoint that is valued at $48.5 million.

    The Real Deal yesterday reported that an unidentified buyer had snapped up the large development site composed of 10 parcels with the addresses 2-36 Clay Street, 280 Franklin Street and 49-93 Dupont Street, for an unknown price. [more]

  • Zelcer-Ackerman-49

    From left: Martin Zelcer and Shaya Ackerman (at ICSC’s RECon this week) and 49 Dupont Street

    An unidentified buyer snapped up a large development site in Greenpoint known as 49 Dupont Street, where as many as three residential towers could rise adding to several massive apartment projects planned nearby along Brooklyn’s East River waterfront. [more]

  • From left: 242 Bedford Avenue and a WeWork space in Manhattan

    From left: 242 Bedford Avenue and a WeWork space in Manhattan

    Shared office space provider WeWork has signed on for 40,000 square feet above the planned Williamsburg Whole Foods, securing the company’s first Brooklyn location. [more]

  • Rendering of 76 North 4th Street

    Rendering of 76 North 4th Street

    A divisible 18,000-square-foot retail spread at the base of the under-construction Lebowski, an 83-unit luxury rental on North 4th Street in Williamsburg, is now up for grabs. [more]

  • Stark-100-Kaplan-

    From left: Menachem Stark (Photo credit: Eli Wohl), 100 South 4th Street (Photo credit: PropertyShark) and Jeffrey Kaplan

    The Midtown-based investment firm Meadow Partners is set to purchase for $52 million a Williamsburg rental building developed by the late Menachem Stark and his partner Israel Perlmutter that would bring to a close a five-year bankruptcy process, federal court records show. [more]

  • 139 North 10th Street

    139 North 10th Street

    A 104-year-old former warehouse in Williamsburg is back online following a long-delayed conversion to luxury rentals.

    Commercial lender and developer Greystone teamed up with HTO Architect PLLC and Durukan Design to convert the 139 North 10th Street property into 36 loft-style apartments. Most will come in the form of one-bedrooms, with prices starting at $2,600 per month. A handful of two- and three-bedroom apartments will also be available. While no renderings have surfaced juset yet, the units are said to preserve the warehouse’s industrial interior, including exposed beams, oversized tilt-and-turn windows, exposed brick columns and 13-foot ceilings. [more]

  • A rendering of the Domino factory conversion

    A rendering of the Domino factory conversion

    Two Trees’ Domino Sugar redevelopment project will have to wait a little longer to clear the its last administrative hurdle. [more]

  • Lulu’s on 113 Franklin Street in Brooklyn

    Lulu’s on 113 Franklin Street in Brooklyn

    WEEKENDEDITION The landlord of a Greenpoint, Brooklyn club refuses to allow its owner to turn it into a gay bar. [more]

  • Lena Dunham and Alex Karpovsky of "Girls" in front of Greenpoint's Café Grumpy

    Lena Dunham and Alex Karpovsky of “Girls” in front of Greenpoint’s Café Grumpy

    With May right around the corner, U.S. college graduates will be migrating to the nation’s biggest cities to try to find jobs, apartments and start life on their own.

    Niche Ink, a website dedicated to education analysis, put together a list of the best metro areas for millennials. They ranked the metro areas in the U.S. using a dozen factors, including data from the U.S. Census, FBI crime rates and Niche Ink user opinions on the best places for life after graduation. They then calculated the best neighborhood for young people in each of those cities. [more]

  • From left: 17 Monitor Street and 21 Monitor Street in Greenpoint

    From left: 17 Monitor Street and 21 Monitor Street in Greenpoint

    Two vacant brick Greenpoint buildings, formerly home to Catholic church schools, will soon reemerge as residential apartment buildings. [more]

  • From left: J.Crew ad and an Apple store

    From left: J.Crew ad and an Apple store

    Clothing retailer J.Crew and electronics giant Apple are eyeing Williamsburg outposts as the neighborhood continues evolving into a hot shopping hub. [more]

  • From left, Jonathan Miller, Plymouth Street in Dumbo

    From left, Jonathan Miller, Plymouth Street in Dumbo

    The median monthly rent in north and northwest Brooklyn rose to $2,900 in March, more than 13% higher than it was last year, 26% higher than it was the year prior and roughly 35% above what it was back in 2008.

    According to estimates by Miller Samuel Inc. and Douglas Elliman Real Estate, Brooklyn rents are closing in on those of Manhattan’s. [more]

  • From left: 225 Varick Street and interior of NeueHouse location in New York City

    From left: 225 Varick Street and interiors of NeueHouse location at 110 East 25th Street

    The shared office space provider NeueHouse is expanding into a three-floor office space spread at 225 Varick Street, a few doors down from competitor WeWork. [more]

  • oosten

    Rendering of 429 Kent Avenue

    Advertisements for a new residential development in Brooklyn are offering Chinese buyers a chance to get in on the action from afar. [more]

  • 34 Conselyea Street

    34 Conselyea Street

    A 42-foot-tall development is slated to rise at 34 Conselyea Street in Williamsburg — the site of aptsandlofts.com president David Maundrell’s childhood home.

    The four-story building, at Lorimer Street, will have four apartments and measure 3,696 square feet in total, according to the plan exam. Melamed Architect is the architect of record. [more]

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