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Developer to break ground on first brand-new Dumbo office building in 100 years


Anyone can boldly announce plans for future office buildings that have no official groundbreaking dates. It’s another to actually start construction amid the lingering pandemic when the city’s overall office market continues to see record-high vacancy rates. On Sept. 14, developer Edward J. Minskoff and JP Morgan Global Alternatives will take the plunge on 29… Read more »

The 2021 Brooklyn Power 100


Brooklyn is bursting at the seams with political power. The current mayor – and all but certainly the next mayor – hail from the borough. So too does the majority leader of the U.S. Senate and, perhaps, the next speaker of the House of Representatives. Brooklyn is also home to the state attorney general, a… Read more »

Construction to start this summer on 80 Flatbush, City’s First All-Electric Residential Tower


The first phase of Boerum Hill’s 80 Flatbush development is set to begin construction this summer, with a new school and the city’s “first all-electric residential tower” expected to be complete by 2024. Phase one of 80 Flatbush, which has been renamed “The Alloy Block” after the project’s developer, will include a 480-foot, 44-story mixed-use… Read more »

New York Releases Zoning Plan for Gowanus Manufacturing Area


As New York inches forward with the controversial Gowanus neighborhood rezoning in Brooklyn, the Department of City Planning (DCP) has released a plan for the industrial area along the polluted Gowanus Canal, which calls for denser commercial development, relaxed parking rules, and infrastructure and street upgrades. The Gowanus Industrial Business Zone includes a diverse array… Read more »

Developer Seeks Rezoning to Replace Greenpoint Warehouse with Apartments


A new, nine-story building is being planned a block away from the waterfront in Greenpoint. The developer is asking for a rezoning in order to construct the building, located at 79 Quay St. The building will have a total of 83 apartments, 25 of which will be affordable, according to Einhorn. Parking in the cellar… Read more »

Construction Begins on Amazon Warehouse in Red Hook


Construction has started at the future Red Hook warehouse that will soon be home to an Amazon distribution center. Located at the former site of the Revere Sugar Factory at 280 Richards St., on a pier sandwiched between IKEA and the former location of Fairway, it was long planned to be the home of a… Read more »

Clinton Hill Developmemnt Tops Out Along Fast-Growing Stretch of Atlantic Avenue


A nine-story residential building is joining the fray on a quickly developing stretch of Atlantic Avenue in Clinton Hill. With an address of 540 Waverly Avenue, the building stretches along Atlantic from Waverly to Clinton Avenue. Construction has been moving quickly, and the building recently topped out. Permits show there will be a total of… Read more »

Judge Lifts Gowanus Rezoning Pause, Approves June Hybrid Public Hearing


The Gowanus rezoning can once again move ahead after a Brooklyn Supreme Court Judge accepted the city’s plans for a hybrid hearing on the proposal Tuesday, according to officials. Justice Katherine Levine on May 11 lifted her five-day pause on the rezoning’s Uniform Land Use Review Procedure and gave her thumbs up to the Department… Read more »

Design dynamos take 55,000 s/f at BNY


The Brooklyn Navy Yard Development Corporation (BNYDC) has signed leases with two design and manufacturing companies at the newly renovated Building 127, the last of the Yard’s historic buildings to be restored. Smart Design, one of the country’s leading strategic design consulting firms, and Daedalus Design & Production have signed long-term leases to relocate to… Read more »

Brooklyn Army Terminal Renews With Guggenheim, Military Electronics Manufacturer


The Guggenheim inked the largest of the recent deals at Brooklyn’s Sunset Park industrial complex, renewing 31,200 square feet of storage space at Brooklyn Army Terminal’s Building B. IEH Corporation, which manufactures electronic parts for aerospace and military technologies, re-upped its 20,400-square-foot space in the building at 140 58th Street. Other deals were announced. Commercial Observer Photo: NYC… Read more »

City Planning Commission Greenlights Industry City Rezoning


Despite the opposition of the local city councilmember, the City Planning Commission today approved the controversial rezoning of Industry City in Sunset Park, Brooklyn, which is expected to generate several hundred thousand square feet of new commercial space. Commissioner David Burney was the only member of the planning board to vote against the proposal, which… Read more »

Amazon Delivers Hope to Brooklyn Office Market


The coronavirus has slowed an already lagging Brooklyn office market, but Amazon Music has signed a lease in a new Williamsburg building that has local brokers feeling optimistic. Amazon’s music streaming service took 40,000 square feet of production space at Rubenstein Partners and Heritage Equity Partners’ 25 Kent. Commercial Observer  

Not In My Back Highway: Inside the Fight to Rebuild the BQE in Brooklyn Heights


As the Brookyn-Queens Expressway (BQE) approaches 80 years old, the city has to decide what to do with the triple cantilever. DOT recently determined that, within five years, the cantilever will become structurally unsound and unable to carry the current amount of traffic. The agency is mulling whether it should be repaired in stages, rebuilt… Read more »

Blackstone picks up Canarsie shopping plaza for $130M


The Blackstone Group bought Canarsie Plaza, a 274,000-square-foot shopping center anchored by BJ’s Wholesale Club in southeast Brooklyn for around $130 million. The seller was Los Angeles–based CIM Group. JLL brokered the deal on behalf of the seller. CIM has owned the shopping center at the intersection of Remsen Avenue and Avenue D since it… Read more »

This Brooklyn Pizza Is the 2nd Best In The Country


Nine Brooklyn spots and 22 NYC eateries made this year’s list of the 101 best slices across the U.S., but only one took the runner-up rank. Lucali, a Brooklyn pizza joint on Henry Street in Carroll Gardens, has nearly dethroned Connecticut’s long-reigning pizza champ, jumping ranks to land in second place in The Daily Meal’s… Read more »

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