Development

Tallest Office in DoBro set to open amidst uncertain rental market

One Willoughby Square office building
Photo from [1wsq.com][1]

One Willoughby Square is certainly impressive. The architecture so striking that the architecture firm that designed is has leased three floors in the building. So far, they’re the only tenants.

But the fact that the firm that designed the building is leasing space is definitely part of the marketing story for the building. In fact, the New York Post has a full story on that fact.

Some optimism for the future of DoBro

9 Dekalb construction over City Point

Bklyner has an optimistic view for the future of Downtown Brooklyn, as well as an outstanding look at how we got to be here:

Brooklyn’s historic central business district also suffered during the pandemic. But the area’s boosters and developers believe its location, open spaces, and large residential population could give it a leg up over Manhattan as the post-pandemic recovery finally begins.

Occupancy in DoBro holding strong

From Steve Cuozzo at the New York Post:

“Data just released by the Downtown Brooklyn Partnership show that occupancy is above 95 percent at both old and new rental buildings. Absorption remains strong as most new properties report leasing between 20 and 40 units every month.”

Affordable Housing Lottery for One Flatbush Ave now open

One Flatbush Ave Construction

Do you dream of living in Downtown Brooklyn, but lack the income to afford the multitude of new luxury apartments? Here’s another chance to try your luck at an affordable housing lottery!

NYC Housing Connect has recently opened the lottery for the upcoming One Flatbush Ave, which appears to be nearing the end of it’s construction. The building is at the intersection of Flatbush and Fulton, right next to the Nevins stop on the 2, 3, 4, and 5 trains.

CB 2 Votes to Reject the Contentious 80 Flatbush Skyscraper

80-Flatbush-Avenue.jpg
80 Flatbush, rendering by Alloy Development

With a vote of 32-1 on Wednesday night, the Community Board 2 rejected the 80 Flatbush project. This vote by the full board follows the vote by the CB2’s Land-Use Committee which also voted against the project.
These votes are part of the ULURP rezoning process for the development for 80 Flatbush which includes residential, office and retail space in a 74-story building and a 38-story tower. It doesn’t bode well for the multi-use project that boasts bringing an additional 700 market-rate apartments and 200 affordable apartments.
What’s next? Brooklyn Borough President Eric Adams needs to issue his recommendation on the project. (Adams held a public hearing late last month. Then the NYC Planning Commission will review the project and and the process ends with a vote by the New York City Council.

Lined with Gold: Street Name Change to Honor Founding Black Female Civil Rights Activist

Ida Wells portrait

Gold Street, between Myrtle Avenue and Willoughby Street in Downtown Brooklyn, may soon be renamed to honor Ida B. Wells, an African-American investigative journalist, teacher, feminist, and an early leader in the Civil Rights Movement. Wells spent several years on Gold Street in the early 1890s (living near today’s existing Chase Bank), after her Memphis journalism offices were destroyed by white mob violence.

Borough President’s Hearing for 80 Flatbush Towers

BoroPresHearing-80FlatbushTowers

Despite the rain yesterday evening, a couple hundred folks lined up in Brooklyn Borough Hall to voice their opinions on the controversial 80 Flatbush Towers. It’s been a heated subject among residents of Boerum Hill, Fort Greene, Brooklyn Heights, Carroll Gardens and Cobble Hill.