Posts Tagged ‘Brooklyn Daily Eagle’
Changing from condo to rentals, luxury development still attracts attention in Downtown Brooklyn
A recent development in Downtown Brooklyn shows both the continuing attraction of the area as a place to live and the flexibility of the borough’s real estate market in responding to market conditions, especially in the wake of the COVID-19 pandemic. Faced with the slowdown of the luxury condo market, Avery Hall, a development and…
Read MoreAtlanic Ave Shell Station is Sold-Out Condo
The Shell station is gone, gone, gone. It sat on a prime Cobble Hill Historic District corner, at 112 Atlantic Ave. In its place, the skeleton of a four-story condo building is taking shape behind a construction fence. Avery Hall and OTL Enterprises are the developers of 325 Henry St., which is the property’s side-street…
Read MoreAffordable Housing and Community Gardens Preserved in Columbia District
The sale of a long-vacant lot will generate the funds to preserve 28 units of existing affordable housing in the Columbia Waterfront District, seed the creation of up to 70 new units of affordable housing in Red Hook, and protect two local community gardens. The deal was called a “win-win-win-win” by Brooklyn Councilmember Brad Lander…
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