Anbau offers $130M for massive Brooklyn Heights site

Developer hopes to build a 40-story resi tower on the 387K sf parcel

TRD New York /
Jan.January 14, 2016 10:09 AM

Another huge tower may soon rise in Brooklyn Heights.

Anbau Enterprises, a NoMad-based development firm, is offering $130 million for a giant 387,000-square-foot Development Site On Pineapple Walk Between Henry Street and Cadman Plaza West in Brooklyn Heights. The site, currently home to a row of one-story retail shops, is owned by a co-op, called the Whitman Owner Corp. The group’s shareholders will vote on Friday whether or not to further investigate the offer, the Brooklyn Eagle reported.

Anbau, led by Stephen Glascock and his wife Barbara Van Beuren, hopes to build a 40-story luxury residential tower with ground-floor retail there.

The developer’s offer is a sharp increase from its opening bid of $75 million made late last year.

The project would be the latest in a string of new Brooklyn Heights luxury residential developments. David Kramer’s the Hudson Companies plan for a 36-story condo tower at 280 Cadman Plaza, formerly the site of a Brooklyn Heights library branch, was approved by the City Council in December. [Brooklyn Eagle]Ariel Stulberg


Related Articles

arrow_forward_ios
Clockwise from left: 56 Leonard Street, 15 Willow Street and 130 West 12th Street (Credit: Google Maps)

These are some of the most notable resi sales in NYC this week

Benchmark Real Estate Group's Aaron Feldman (left) and Jordan Vogel (right) with 25 Monroe Place in Brooklyn (Credit: LinkedIn)

Benchmark looks to sell BK Heights rental building for $70M

David Kramer (Photo by Studio Scrivo)

The Closing: David Kramer

The Closing: David Kramer

Anbau lands $139 construction loan for Flatiron condo project

Midtown Equities is bringing a 20-story resi tower to Brooklyn Heights

Hudson, Related land “complex” financing package for next Riverwalk building

A-list couple Emily Blunt and John Krasinski snag Brooklyn Heights apartment

arrow_forward_ios