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Monthly Archives: March 2010

Opportunity of the Day: 183 Columbia Heights

183 Columbia Heights is a rare find: a beautiful, well-maintained building that’s perfectly positioned for reinvention. One of the things we like about it is its flexibility: the layout can be tweaked to an owner’s delight. We’re talking about spacious units, with three bedrooms and two baths, in what is arguably Brooklyn’s most desirable neighborhood. [...]

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Space, Still a Frontier (NY Times) Homebuyers Use Cash for Properties (Real Estate News) Your Mortgage Can Make You Happier (CNNMoney) Former Police Precinct in BH: $12 Million (Brooklyn Eagle)

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Update on 54 State Street

The torturing of this building and its neighbors may be near an end, and we may have a new data point for land/almost-completely-demolished building transaction pricing. It is my understanding that a contract exists and will close in the near future, which is quite a surprise to me. Last year sometime, a “collateral note opportunity” [...]

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Opportunity of the Day: 54 State Street

At 54 State Street, we’re envisioning ten large one-bedrooms, 720 square feet each, in a building that was once mistakenly slated to be torn down before the Brooklyn Heights Association and the Department of Buildings stepped in. While the outside is now protected, the insides have been completely gutted, allowing for an entirely reinvented space [...]

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The Optimists’ Blogger (NY Times) Pushing for Atlantic Avenue BID (NY1) Pier 1, Brooklyn Bridge Park, Opens (Brownstoner) Existing Home Sales Drop in January (Real Estate News) Is Brooklyn Fabulous Enough? [Brokelyn]

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Brookly Bridge Park Opens

Finally. Brooklyn Bridge Park, a grand plan to transform the Brooklyn waterfront into a recreational oasis, is here. Well, at least a part of it is here. Earlier this week, Pier 1 of BBP officially opened. And it only took two decades! By most accounts, it’s worth the wait. This 9.5-acre section of the park–it’ll [...]

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All the News That’s Fit to Send

For those of you who missed it, here’s a copy of our Spring 2010 newsletter, detailing our new properties, our Web site improvements and other big ideas. If you want to be included on our regular mailing list, just let us know.

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Toll Advances Plan for Dumbo Tower (Crain’s NY) Outdoor Wine Bar for BBP (Real Deal) McSam Bailing on Nevins Hotel (Brownstoner) City Takes Control of BBP Project (BHB) Why Home Sales Flat, Not Freefalling (WSJ)

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