Brooklyn Navy Yard Development Corporation
The Round-Up: Friday
- Atlantic Yards enters the lawsuit phase. [NY Times]
- Dutch bank signs major lease at 7 World Trade. [NY Times]
- Housing market contributes to 3Q economic slump. [NY Times]
- Florida may overtake New York in population. [NY Post]
- Gucci inks lease in Trump Tower at 56th and Fifth. [NY Post]
- 11 businesses moving to Brooklyn Navy Yard. [Daily News]
- Silverstein looks forward to working with Spitzer. [NY Sun]
Did we miss any New York City real estate news this morning? Please send along tips and links.
Rent Due: Navy Yard Owes City $2.2 Million
Wednesday: 42nd Street Fantasies; Whitney on the High Line; Boomer Panama Condos
Times Square, circa 2046
- Proposal of the Decade: vision42 wants to ban cars from 42nd Street. That's because the current Times Square is a godforsaken nightmare, and because "a pedestrian and light-rail line zone would boost business" by $380 million each year, and because there might be greenery. (AP)
- Drama on the High Line! The Dia Art Foundation has ditched plans to open a museum on the elderly elevated railway, and the Whitney may swoop in to take its place. But that would mean the Whitney would have to forget its old plans for a Renzo Piano-designed expansion uptown. And that would mark "the third time that it commissioned a celebrity architect to design a major expansion to its landmark building, only to renege." (The New York Times)
- The un-glamorous Brooklyn Navy Yard gets a 400,000-square-foot expansion, resulting in seven bigger buildings (including a "huge" supermarket, of course). Borough Prez Marty Markowitz boasts: "Brooklyn can still make it big, make it bold, and even make it green." Marty always knows just what to say. (NY1)
- In its steady climb towards modernization, Vinegar Hill is being treated to a $3 million renovation of McLaughlin Park. The garden will be restored, and there'll be a "multi-purpose synthetic field"--just like the kind our forefathers had. (Brooklyn Record)
- The new "Vista Boquete" condos have everything a Baby Boomer could ever want in a luxury development. (Tennis courts, putting green, outdoor heated pool, etc). Remarkably, the place isn't in Midtown--it's in rural Panama. Central America is so chic. (Multi-Housing News) - Max Abelson read more »
Solution to Affordable Housing? Old Prisons in Brooklyn. (Sort of)
Not this kind of Brig.
It's been exactly a year since we've heard about the City's plans for the fascinating Brig site in Wallabout. Today, however, brings an official Request for Proposals for the redevelopment of the former prison (conveniently neighboring the Brooklyn Navy Yard) into 400 new housing units.
According to the city's press release, commercial and community space--plus sustainable design--are also in the mix. The Brooklyn House of Detension (and retail shops, and "boutique hotel"?) has nothing on Brig.
But best of all: There will be 300 units of affordable housing, a small step towards Bloomberg's "$7.5 billion Housing Plan [for providing] homes for 500,000 New Yorkers over ten years, more than the entire population of Atlanta." Take that, Ted Turner. read more »
But how much will the city charge potential developers for the 103,000-square-foot Brig? $1. - Max AbelsonAdmiral's Woe
Another landmark target on the Brooklyn waterfront: Admirals Row in the Brooklyn Navy Yard, which the city wants to replace with a supermarket. The advoacy group Historic Districts Council says in its October newsletter: "These buildings are a community amenity, and to demolish them for a big-box supermarket, which is planned, flies in the face of forty years of preservation planning." Despite how they look in this photo, from the Fort Greene Association website, a consultant found that it would be possible to restore and repair the buildings.
--Matthew Schuerman read more » Lights, Camera, George!
That is where Pataki turned up - and where Spike Lee is filming - in order to hand out Made in New York t-shirts (third item down). read more »
Maybe he is ready for his close up?
