Brennan Realty Services President Donald Brennan and a rendering of the townhouse he's building at 2 Strong Place

Several developers are planning more than a dozen new townhouses throughout Cobble Hill, the New York Post reported. Because of a lack of supply, the properties can command prices of more than $1,000 per square foot.

Developer Donald Brennan just earned Landmarks Preservation Commission approval to begin construction on three new ground-up townhouses on Strong Place off Kane Street that will range from $3.95 million to $5.95 million ($1,018 to $1,208 per square foot). They’re slated to be finished next year. [more]

Brooklyn’s Dumbo neighborhood is experiencing a mini-boom as rezoning and a strong demand for housing take hold in the hotly-desired neighborhood. There are around 3,600 people currently living in the area, according to Alexandria Sica, executive director of the Dumbo Improvement District, but with new housing developments sprouting up across the area, she expects there to be 4,000 by the end of 2011.Toll Brothers is proceeding with a 65-unit condominium at 205 Water Street thanks to rezoning approved by the city in 2009, according to the Wall Street Journal. Construction is slated to finish in 2012 with apartment prices averaging about $800 per square foot. [more]