Once you step on its cobblestone streets, glimpse Valentino Pier’s vistas,or even whiff its briny air, Red Hook will reel you in. BY JEREMY KLEIN This is Red Hook The PlaceThe Place The tale of New York City is countless chapters long, undergoing an ad infinitum cycle of revisions and addendums. As such, there is always […]
The city will take control of 120 acres from Brooklyn Bridge Park to Red Hook to develop a neighborhood around a modernized port. New York City will take control of 120 acres of Brooklyn’s coastline, intending to develop a rugged patch of land into housing, retail, green space, and a modern, environmentally friendly port. The […]
JDS Development had tried to sell part of 9 DeKalb last year The bigger they are, the harder they’re hit by rising interest rates. Developer Michael Stern has defaulted on his mezzanine loan at 9 DeKalb, Brooklyn’s tallest tower, and is now facing foreclosure. Larry Silverstein’s Silverstein Capital Partners, which issued a $240 million mezzanine […]
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