The Real Deal New York

Posts Tagged ‘red hook’

  • From left: 207 Sterling Place, Carol Lim and Tony Shure

    From left: 207 Sterling Place, Carol Lim and Tony Shure

    The founders of New York retail hotspot Opening Ceremony and salad eatery Chop’t have bought Brooklyn brownstones. [more]

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  • Est4te Four is converting the former New York Dock Building in Red Hook into luxury condos.

    Est4te Four is converting the former New York Dock Building in Red Hook into luxury condos.

    Est4te Four, the Los-Angeles based developer that is turning a former warehouse in Red Hook into 70 luxury condos, obtained $50 million in loans to move forward with the conversion.

    The developer, which bought the industrial space at 160 Imlay Street for $25 million in 2012, obtained the loans from Turin-based banking group Intesa Sanpaolo, according to property records filed on Wednesday. [more]

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  • 160-Imlay

    Rendering of 160 Imlay Street in Brooklyn

    Milan developer Est4te Four has acquired its fourth development site in Red Hook, in addition to the 1 million square feet in industrial properties it already owns in the Brooklyn neighborhood.

    The developer, led by Stefano Marciano, bought a parking lot at 62 Ferris Street and a parcel at 219 Sullivan Street, with an initial down payment of $1.6 million. The deal is expected to close January 2015. [more]

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  • Brooklyn cyclists

    Brooklyn cyclists

    WEEKENDEDITION As rents rise and New Yorkers are pushed deeper into out-of-the-way neighborhoods, bicycles and bicycle lanes are becoming an important part of the real estate game. [more]

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  • Rendering of Coffey Park

    Rendering of Coffey Park

    The city is planning to dish out $2.3 million on improvements to a Red Hook park that has seen better days.

    The Parks Department has reportedly committed to redesign Coffey Park on the Verona Street, across from the Red Hook Houses. The revamped green space, which was damaged during Hurricane Sandy along with many other spots in the neighborhood, comes as real estate insiders increasingly point to the area as one of the next neighborhoods in Brooklyn where property values are poised to skyrocket. [more]

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  • 265 Van Brunt Street

    265 Van Brunt Street in Brooklyn

    A Brooklyn-based development firm filed permits this week “for zoning review only” that call for a residential building to replace a garage in Red Hook that was allegedly once used as a heroin mill.

    Cheever Development is planning to build a three-story structure at 265 Van Brunt Street with 19 apartments, according to plans filed with the Department of Buildings. [more]

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  • From left: HighMark chief executive Glenn Hileman and a rendering of Basis Independent Brooklyn

    From left: HighMark chief executive Glenn Hileman and a rendering of Basis Independent Brooklyn

    The Board of Standards and Appeals granted school developer HighMark a special permit Tuesday, clearing the way for a planned private school on a Red Hook industrial site. [more]

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  • From left: Ofer Cohen and 160 Van Brunt Street in Brooklyn

    From left: Ofer Cohen and 160 Van Brunt Street in Brooklyn

    Ofer Cohen has put a Red Hook development site on the market, saying the commercial property could fetch as much as $20 million. [more]

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  • basis-school

    Rendering of 556 Columbia Street in Brooklyn

    Basis Independent Brooklyn, a new private school offering kindergarten through 12th grade, is slated to open this fall on a now-vacant Red Hook lot. [more]

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  • 14 Verona Street

    14 Verona Street

    Artists living in a former luggage factory in Brooklyn’s Red Hook neighborhood are fighting back against rising rents, pushing for their units to be declared rent-stabilized. [more]

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  • Urban Recovery House, a for-profit drug and alcohol abuse rehabilitation center, plans to open a 20,000-square-foot inpatient treatment facility on Beard Street in Red Hook, and local residents aren’t happy. [more]

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  • Office space comes to Red Hook factory

    November 05, 2013 01:10PM
    80 Richards Street

    80 Richards Street

    In another sign of Brooklyn’s changing character, a new office building is coming to a former factory at 80 Richards Street in Red Hook.

    The six-story building boasts 50,000 square feet on the ground floor and 20,000 square feet on each upper floor, crowned with a rooftop space. [more]

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  • From left: Breuckelen Distilling's Brad Estabrooke, 77 19th Street, 2-20 Bay Street and Kings County Distillery's Colin Spoelman

    From left: Brad Estabrooke, 77 19th Street, 2-20 Bay Street and Colin Spoelman

    Move over artisanal pickles and rooftop honey: Brooklyn is housing an ever-increasing number of micro-breweries, thanks to plentiful warehouse space and numerous areas zoned to permit “potentially noxious uses.” [more]

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  • The streets of Red Hook, Brooklyn, flooded after Hurricane Sandy

    The streets of Red Hook, Brooklyn, flooded after Hurricane Sandy

    Nearly a year has passed since Hurricane Sandy devastated Red Hook. Today much of the cleaning up has been done and many local shops and restaurants are back open, but the economic after-effects of the storm are ongoing. At least four area merchants have closed for good and many others continue to struggle as they fight for federal assistance. [more]

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  • The streets of Red Hook, Brooklyn, flooded after Hurricane Sandy

    The streets of Red Hook, Brooklyn, flooded after Hurricane Sandy

    Red Hook is experiencing a slow but definite revival after Hurricane Sandy, with the majority of enterprises and buildings back in business after being ravaged by the storm. Historic buildings, such as the century-old home of Sunny’s Bar, are once again open to the public. And at least four new restaurants either opened this summer or will do in the fall. [more]

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  • calexico

    Calexico at 645 Manhattan Avenue in Greenpoint and tacos

    A delay in renovation permits from the Departments of Buildings has prevented the Mexican restaurant chain Calexico from getting cooking in Park Slope. [more]

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  • Rendering of the “Grow Your Own City” design for Red Hook

    Rendering of the “Grow Your Own City” design for Red Hook

    A team from the University of Oregon designed a hypothetical housing complex made primarily out of wood for Red Hook’s waterfront as part of a national competition, DNAinfo reported. [more]

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  • Gregory Kloehn in his converted apartment

    Gregory Kloehn in his converted apartment in Red Hook

    One man has transformed a dumpster into an apartment in Red Hook, according to the New York Post. [more]

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  • Gowanus Canal

    The U.S. Environmental Protection Agency recently finalized its Gowanus Canal cleanup proposal and, as Gothamist noted, the plan includes a controversial measure that is pitting Red Hook against its neighbors. The EPA has signed off on a plan envisioned by developer John Quadrozzi to convert canal sludge into concrete blocks that would be assembled off the coast of Red Hook, near a number of housing projects. [more]

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  • Fairway in Red Hook (Credit: Village Voice)

    From the April issue: For years, real estate insiders have been pointing to Red Hook as the next hot Brooklyn neighborhood, predicting an explosion in sale prices and activity in the long-industrial neighborhood.

    But due to the real estate downturn and other factors, that never quite materialized. And in October, when Hurricane Sandy dealt a harsh blow to the neighborhood, many real estate pros counted Red Hook down for the count. [more]

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