The Real Deal New York

Posts Tagged ‘albee square mall’

  • City Point developers under fire

    March 02, 2010 09:30AM

    The stalled development project at the site of Downtown Brooklyn’s former Albee Square Mall is being investigated for human rights abuses as part of a global United Nations crackdown, the Brooklyn Paper reported. Last weekend, State Department officials visited the site, where Albee Square Development had been putting up its City Point tower, to look into employment and labor violations on behalf of the U.N. The developers have promised more than 100 new jobs, luxury housing and retail space and have been granted numerous tax breaks along the way. Activists argue that the developers have taken that taxpayer money and are proposing to pay those 100-plus workers less than living wages in return. Chris Camponovo, the State Department senior adviser who toured the site with activists over the weekend, will make a recommendation about whether the project proposal contains human rights violations in November, after which the issue would be brought forth before the U.N. [Brooklyn Paper]

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  • City Point model revealed

    February 22, 2010 01:18PM

    After much anticipation, Cook + Fox Architects has unveiled a model for the new City Point development, set to be constructed at the former Albee Square Mall site in Downtown Brooklyn, according to Brownstoner. The model incorporates the four-story retail space and the public plaza. The project, which was once stalled, received $20 million federal bailout funds last September.

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  • City Point to be built in two phases

    July 29, 2009 02:26PM

    City Point, the multi-use complex that is slated to be built in
    Downtown Brooklyn, will now be constructed in two phases. The
    developers, a consortium of Acadia Realty Trust, MacFarlane Partners,
    Rose Associates, P/A Associates and Washington Square Partners, will
    start building the first phase at the east end of Fulton Mall, on the
    site of the old Albee Square Mall. It will include affordable housing
    and several big-box retailers such as Best Buy. The second phase will
    include market-rate housing, office space and additional retail space.
    The original plans for City Point, which have been changed due to the
    credit crunch, called for a 1.5 million-square-foot development to be
    completed by 2010. [more]

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