Upcoming Open House
Saturday, April 06, 2019, 12:00 – 1:00
128 Kane Street, Apt. 2
This large 1BR/1Bth apartment enjoys the entire second floor a lovely brownstone on Kane St in Cobble Hill, Brooklyn. The apartment has a great kitchen with large refrigerator, dishwasher and plenty of counter and cabinet space. Original tin ceilings and great light from six windows with north and south exposure. Good closets and large new bath too. Approx 800 sq ft. Heat and hot water included. New central A/C split systems.
Quiet tree lined street with open gardens in the back. Fantastic location near all the great shops and restaurants of Cobble Hill – including , La Vara, St Julivert Fisherie, Avlee and Union Market. Near the F-G at Bergen St or 2-3 4-5 & N-R at Borough Hall. Pets Upon Approval. Broker Owner. Zoned for PS 29
Cobble Hill, New York Rental $3,050 | Last updated: 4/2/2019 | ID: 19525236 Residence InformationType: Duplex | Rooms: 3.0 | Bedrooms: 1 | Bathrooms: 1.0 Kitchen: Eat In | Air conditioning: Central Air Period: Pre-War | Built: 1840 | Building Type: Townhouse | Laundry in building: Yes
Great transit and three blocks from the Brooklyn Bridge Park. The commercial floors have 16 ft. ceilings and wonderful light @ approx. 3600 sq ft. Building is 25′ x 80’ft. on a 100ft lot. New plumbing, electric and mechanicals – all have been upgraded. This is a great opportunity to create a business in one of the most desirable and connected areas of Brooklyn.
Wishing the sellers heartfelt congratulations on the sale of this designer
two family brownstone.
Even in a changing market we were able to sell this quickly at well
over $3M. Real estate is not only one of the most important personal
choices; it can also secure your financial future. Let me help you make
your real estate aspirations a reality, whether you are selling, buying or
leasing in Brooklyn.
Experience and planning will make all the difference. I will be happy to
discuss your real estate plans with you.
NEW TOWERS THREATEN SUNLIGHT TO THE GARDEN’S GREENHOUSES
A proposed high-rise development at 960 Franklin Avenue (the spice factory site) would block sunlight and harm BBG’s unparalleled plant collections.
Real estate developers have filed plans to build a massive complex including two 39-story towers very close to Brooklyn Botanic Garden. Current zoning laws protect the Garden’s access to sunlight by capping building height at this location at 75 feet (approximately seven stories); the plans submitted describe buildings over six times this limit.
The developers are seeking to rezone multiple lots at the site. These changes to zoning will have a lasting negative impact on Brooklyn Botanic Garden’s conservatories, greenhouses, and nurseries—where plants for the entire Garden are propagated and grown—by causing the loss of as much as three hours of sunlight daily in spring, summer, and fall. The current zoning must remain in place to protect the Botanic Garden. Join us in signing a petition to city officials to oppose this rezoning and to protect the integrity and the beauty of the Garden!
Action Alert: Join Brooklyn Botanic Garden in protecting this vital community asset at the Public Scoping Meeting on Tuesday, March 12, 2019 at the New York City Department of City Planning.
FAQ
What is the proposed project?
Two real estate developers, Continuum Company and Lincoln Equities, have filed plans to build a complex of two 39-story towers of over 420 feet each plus 40-foot bulkheads on the three-acre spice factory site at 960 Franklin Avenue, between Montgomery Street and Sullivan Place and very close to Brooklyn Botanic Garden. For context, the proposed towers would be over 100 feet taller than the existing Tivoli Towers on Crown Street.
How would shade from this project affect BBG’s plant collections?
Buildings of this size would have a lasting negative impact BBG’s conservatories, greenhouses, and nurseries by causing the loss of as much as three hours of sunlight daily in spring, summer, and fall. These greenhouses and nurseries are where plants for the entire Garden are propagated and grown. The development site is less than 300 feet from these structures and just 150 feet from the Garden.
Isn’t this area zoned for low-rise buildings?
Yes, zoning in the area where this project is proposed, bordering BBG near Washington Avenue, is now capped at 75 ft (approximately seven stories). This zoning was specifically established in 1991 to prevent shadows on BBG’s conservatories and greenhouses to protect its access to sunlight.
What is the Garden’s position on the project and rezoning?
The current zoning must remain unchanged.
I want to join the Garden in opposing this rezoning. How can I help?
Add your name to the Garden’s petition urging elected officials to vote against rezoning. Opt in to receive updates on the project and ways to have your voice heard.
Join Brooklyn Botanic Garden in protecting this vital community asset at the Public Scoping Meeting on Tuesday, March 12, 2019 at the New York City Department of City Planning. There will be at least four additional hearings during the approval process.
Get ready for St Patrick’s Day with these great suggestions from Time Out New York. Check out Time Out New York St. Patricks day Guide. Happy St Patrick’s Day!
Today I wanted to discuss a new community development program called opportunity zones. These include Redhook, Gowanus and near the Brooklyn Navy Yard.
Opportunity zone was created by the tax cuts and jobs acts of 2017. The purpose of the opportunity zone is to increase investment in low income areas of the country. The state may designate up to 25% of low income census tracts as opportunity zones. An investor who realizes certain capital gain income may reinvest capital gain in an opportunity fund within 180 days. In order to qualify, the opportunity fund needs to invest more than 90% of it’s assets in qualified opportunity zone property that is located in an opportunity zone.
Capital gain taxes are deferred for investments reinvested into investments in the zones, if the investment is held for ten years, all capital gains on the new investment are waived. If an investor invest in an opportunity fund by the end of 2019 and keeps the property for seven years 15% of the capital gain will be deferred and for five years 10% deferred. Hear is a link that provides info on opportunity zones along with a map of the opportunity zones areas in your neighborhood.
The record-breaking purchase of a New York City penthouse is the latest in a string of multimillion-dollar real-estate deals by the hedge-fund manager
Billionaire Ken Griffin, who is becoming almost as known for his prodigious purchases as he is for his investment acumen, has closed on a New York penthouse for roughly $238 million. The deal sets a record for the highest-priced home ever sold in the U.S.
The purchase is the latest in a string of record-breaking acquisitions by the Citadel hedge fund founder. Earlier this year, Mr. Griffin bought several floors of a Chicago condominium for $58.75 million, setting a record for the most expensive home ever bought in that city….
Brooklyn Heights Association Executive Director Peter Braysaid the cold weather made him hope that 300 people would show up for yesterday’s rally on and for the Promenade, but by our estimate there was well more than that number. (Update: the New York Post estimates the turnout as “[a]bout 200″; we believe this is way on the low side. The Eagle gives an estimate of “several hundred”; scroll down in the linked story to the photo taken from above, which shows only part of the crowd.) People kept arriving well after the announced starting time of 11:00 A.M.
Mr. Bray began by announcing the BHA’s opposition to the City Department of Transportation’s preferred alternative of building a temporary six lane highway that would replace the Brooklyn Heights Promenade for a period of at least six years while reconstruction of the cantilevered portion of the Brooklyn Queens Expressway below proceeds. Mayor De Blasio has expressed his support for this plan, but according to City Council Member Stephen Levin later partially walked back that statement by saying he considers an alternative plan proposed by the BHA, to run the temporary highway over the berms on the east edge of Brooklyn Bridge Park, to be “worth exploring.”
brooklynheightsblog.com
The first elected official to speak was City Comptroller Scott Stringer, who in December sent a letter to the Mayor and to DOT Commissioner Polly Trottenberg, faulting them for not consulting with affected communities and not considering alternative plans. He said the DOT plan fails to consider evolving trends in transportation, instead perpetuating a 1950s Robert Moses solution. He compared it to “buying the drapes before you buy the house.”
brooklynheightsblog.com
Among the elected officials present were State Senator Brian Kavanagh (in photo above, with sunglasses) and Assembly Member Jo Anne Simon (in blue cap, next to Kavanagh). In her remarks, Ms. Simon took the state to task for having taken money appropriated for a study of the BQE rehabilitation and re-allocated it to the Tappan Zee (now Governor Mario M. Cuomo) Bridge. She was loudly heckled when she would not unequivocally state her opposition to the DOT proposal. Ms. Simon has invited all to have “Java with Jo Anne” and discuss any community concerns with her this Thursday morning, January 17, from 8:30 to 10:30, at One Girl Cookies, 33 Main Street (between Plymouth and Water) in DUMBO.
brooklynheightsblog.com
Brooklyn Borough President Eric Adams (photo above, in baseball cap) received ethusiastic applause and cheers when he decalred, “I am an environmentalist” and stated his opposition to the DOT proposal. Representatives from the offices of Mr. Levin, and of Congresswoman Nydia Velazquezwere present and spoke.
One elected official whose district does not include any part of Brooklyn Heights or nearby neighborhoods spoke in opposition to the DOT proposal. This was State Assembly Member Latrice Walker, whose district includes parts of Brownsville, where Ms. Walker grew up and still lives, and Stuyvesant Heights. She recalled childhood memories of visiting the Promenade, and said that, as an asthma victim, she opposed any plan likely to worsen air pollution.
Several representatives of local community groups also spoke. Hillary Jager, speaking for A Better Way NYC, said the group not only opposes the DOT plan, but also any plan that would add congestion to local streets. Toba Potosky, Board President of Cadman Towers, Inc., expressed strong opposition to the DOT proposal on environmental grounds.
I wanted you to know that I have joined Brown Harris Stevens. So please note my new email address. My cell phone remains the same and I am always eager to hear from you about your next move, property valuation, and on going real estate projects. I am happy to have the opportunity to work with you in 2019.
Sunday, January 13, 2019, 12:00 – 2:00
140 East 2nd Street, Apt. 6U
This brand new incredibly spacious one bedroom flooded with light. This top floor apartment is in a well kept and highly sought after pre-war building. This Co-op apartment features a large living room, king-size bedroom, tons of closet space and plenty of original charm with high ceilings. This pet friendly building has two elevators, a live-in super, two porters, a lush garden, backyard, storage, bike storage, playroom, laundry room, music room, designated stroller parking and package storage. Located a short distance from neighborhood shops, restaurants such as Brancaccio’s, Steeplechase and Hamilton’s, Prospect Park and the F and G trains.
New Boerum Hill High Sale
The purchase is the latest in a string of record-breaking acquisitions by the Citadel hedge fund founder. Earlier this year, Mr. Griffin bought several floors of a Chicago condominium for $58.75 million, setting a record for the most expensive home ever bought in that city….
