search

The Real Deal Logo

Trending

How low? LNR buys San Francisco office building for 11% of 2018 priceHow low? LNR buys San Francisco office building for 11% of 2018 priceBillionaire hedge funder Larry Robbins makes South Florida moveBillionaire hedge funder Larry Robbins makes South Florida moveSpec home developer lists Beverly Hills PO manse for $29.5MSpec home developer lists Beverly Hills PO manse for $29.5MLawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421a
New York

Massive W’burg, Greenpoint rezone flies

Sign Up for the undefined Newsletter

A key City Council committee unanimously voted to let developers turn the north Brooklyn waterfront into a neighborhood of residential towers with a parklike esplanade along the East River. The plan would rezone a 175-block area of Greenpoint and Williamsburg for 40-story luxury apartment buildings, shops and recreation areas. Developers who want to build to the maximum height of 30 or 40 stories must keep at least 20 percent of the homes affordable to low- and middle-income residents. The plan is expected to be approved by the full City Council next week. more [NYT]
And more [Daily News]
And more [Post]
And more [NYT]