News

Pacific Park After well over a decade of planning, the megaproject formerly known as Atlantic Yards has made some progress. The 22-acre Pacific Park will soon see the rise of its tallest building, a 500-foot plus rental tower at 18 Sixth Avenue (or B4, for those who closely follow the project.) The tower, originally planned as an office building, was switched up for more residential space in early 2018. Developer Greenland Forest City Partners will continue working into 2019 on the platform that will allow Pacific Park’s remaining development to move forward. Read More

There were simply too many ceramists in Brooklyn for Bklyn Clay’s original location, a 2,500-square-foot storefront in South Slope, which opened in 2016 before half the borough developed strong opinions on using, say, wet versus dry glaze. So owner Jennifer Waverek closed up shop and signed a ten-year lease for a Prospect Heights spot that’s more than double the size (it’s the largest of its kind in Brooklyn) with triple the amenities. The new location — Read More

Brooklyn ice cream company Van Leeuwen is opening a Prospect Heights location as one of six new stores in New York City this spring.   The company is set to move into a 1,000-square-feet space inside the recently completed 550 Vanderbilt a 17-story, 278-unit condo building Read More

The outer boroughs dominated October’s list of largest real estate projects coming to New York. Read More

In a breakthrough at the slow-moving Pacific Park project, big-league New York developers TF Cornerstone and the Brodsky Organization are taking control of three major sites from the 22-acre complex’s current owners, a joint venture dominated by Greenland USA, a subsidiary of Shanghai-based development giant Greenland Group, The Post has learned.   Read More

Some prospective buyers have focused their searches on buildings with tax abatements to limit their tax costs. Buyers at 550 Vanderbilt, a new development in Prospect Heights, Brooklyn, for example, benefit from a 25-year tax abatement. Owners of studios at the building pay as little as $18 a month in property taxes, compared to $563 a month without the abatement. Read More

Beer Street, in Williamsburg, is currently one of Brooklyn’s smallest beer bars, specializing in highly regarded, locally brewed farmhouse ales, sours and I.P.A.s. In December, it will expand to a second, much larger location in the Pacific Park development in Prospect Heights, near the Barclays Center. Read More

Ceramics studio Bklyn Clay is heading to Greenland USA and Forest City New York’s 535 Carlton Avenue, an affordable rental building that’s part of the Pacific Park development in Prospect Heights, Brooklyn. Read More