New partnership brings life to Carroll Gardens condo

TRD New York /
Jun.June 17, 2011 11:46 AM
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Rendering of 340 Court Street and a photo of the development site

A long-stalled Carroll Gardens development is back in play thanks to a new set of developers, Patch reported. Prudential Real Estate Investors and Boston-based developer Davis Companies partnered to restart construction at 340 Court Street, where for more than three years plans have been in place for a 30- to 40-unit condominium. Originally the home of the once-powerful International Longshoreman’s Association, the Clarett Group demolished the old structure and worked with the community to push forth plans for a 70-foot residential building. But the Clarret Group shuttered its New York office in March, after founder Veronica Hackett left the firm to take a role with Brookfield Office Properties. Though the foundation for the condo was poured, the abrupt closure of Clarett left the project in limbo. The new partnership aims to build a seven-story building with 32 condo units, 11 townhouses, a retail component and 67 parking spaces. [Patch]


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