Thursday, October 18, 2007

14,000 residential units in Downtown Brooklyn, eventually.

The NY Post writes:
"Somewhere in the pipeline, there are about 14,000 residential units and a million and a half square feet of office space," says Joe Chan, president of the Downtown Brooklyn Partnership, a non-profit that's helping coordinate everything to come. Chan says roughly $9 billion in private money, plus $300 million in city funds, will be invested.

Plans call for major hotels including a Hilton; a huge Brooklyn Academy of Music expansion; a $15 million Flatbush Avenue facelift; and the Albee Square complex, with 475,000 square feet of retail space."

"The Fulton Mall and MetroTech aren't exactly considered residential areas. Yet, Belltel Lofts, a former telephone-company building on Willoughby Street, has already sold about 100 of its 250 lofts and has recently seen its first buyers move in."

(NY Post)

UPSIDE DOWNTOWN
BROOKLYN GETS READY FOR ITS 14,000-UNIT, $9 BILLION MAKEOVER
(NY Post)

Sunday, October 14, 2007

Gage & Tollner Restaurant space finally has a taker. Amy Ruth's

(image courtest of Forgotten ny )

This will be the second Amy Ruth’s Restaurant. The first one is in Harlem. It boasts authentic home cooked Southern Cuisine. A welcome addition to Downtown Brooklyn and a good fit in the old Gage & Tollner space. We hope that it doesn't go the route of TGI Friday's. Only time will tell. I will certainly be there on opening night.

Amy Ruth's to launch downtown Brooklyn eatery
(NewYorkBusiness.com)

Thursday, October 4, 2007

Rumor has it: Target at the Albee Square Mall?

(image courtesy of Racked)


Exclusive: Another Target Planned For Brooklyn
(Racked)

It really is very close to the other Target at the Atlantic Center but I think it would still be very successful in this location. It's a well shopped area. I, for one, am in complete support of this idea.

Tuesday, October 2, 2007

Another development in Downtown Brooklyn. This one to rise 36 stories.


(image courtesy BDE)

Now here's the twist. 369 RENTAL units. Some may actually be affordable. That remains to be seen. Anyway, the location is very convenient to the trains on Dekalb Ave. which are about a block away.

Forest City Plans New Highrise East of Flatbush
(BDE)