Articles on Brooklyn

SUNY and RFP Finalist Fortis Finally Finalize Agreement

 

South Brooklyn will be getting a new freestanding emergency department.

The Sun Rises for Sunset Park Mega Development & Domino Update

Architect Raymond Chan and his team of Chinese developers are planning an enormous mixed-use development on Eighth Avenue between 61st and 64th streets in Sunset Park.

Queens Districts Shift and Swell, Home Prices Soar

Courtesy of: @JuhaOnTheRoad

Queens home prices have increased more than 10 percent for the first quarter of 2014 compared to first-quarter data for 2013, according to a report published by real estate firm Douglas Elliman. Major developers are redefining the typical Queens neighborhood. Queens communities that were once industrial and residential wildernesses that framed Manhattan's burgeoning landscape are turning into New York's yuppie hubs of the future. 

 

NCM Choice: Top 12 Brooklyn Restaurants 2014

In Brooklyn and not sure where you should eat? Check out New Construction Manhattan’s top picks for dining in the hottest Brooklyn neighborhoods. If you’re looking for Mediterranean, Italian, Thai, Japanese, or even ice cream, then there’s a choice on this list for you. Feast your eyes, and have your fill of Brooklyn’s finest cuisines.

Brooklyn Bridge Park Developments Break Sales Records

Brooklyn Bridge Park

Developments around the Brooklyn Bridge are hitting it out of the Park, literally. New Construction developments in Brooklyn Bridge Park are breaking sales records in the borough.

Oh Where Oh Where, Will MSG Go?

Madison Square Garden To Move

Madison Square Garden (MSG), as we know, is being kicked out of their wondrous perch atop Penn Station. The neglected train station will finally have its chance to bask in the sun if developers can come up with a plan for redevelopment.

Downtown Brooklyn's Upward Growth

Downtown Brooklyn is a newfound point of interest for residential developments.  Historically a base for office spaces, a rezoning spurred on a change in direction.  To be sure, the Wall Street Journal reported that the dozens of Downtown Brooklyn's projects that made their start eight years ago will have provided more than 8,000 residential units.  Indeed, there has been a marked increase in the median sale price for the area's condos, with StreetEasy noting a raise from $406,900 to $585,000 from 2009 to 2013.  Additionally, a comparison of median sale price for condos, co-ops, and houses are at $909,806 for new developments, and $545,000 for resales.  In particular, Flatbush Avenue Extension, Livingston Street, and Fulton Mall are all points of interest for developers.

The Condos of Brooklyn Bridge Park

1 John Street Brooklyn Bridge Park

With the latest construction boom in Brooklyn, it seems as if there’s a new building rising on a daily basis, but it’s not every day that a condominium comes to the world-class Brooklyn Bridge Park. The luxury condos at 1 John Street are one step closer to becoming a reality, according to a new building permit filed by Alloy Development.

Borough Presidents Discuss Future Development

NYC Boroughs

In a forum hosted by Crain’s, the five borough presidents of New York City made a joint appearance last week, where they discussed their visions for future development in their respective boroughs. Four of the presidents are brand new to their office, and though they only play an advisory role in the land use review, their opinions are influential; a borough president can potentially cultivate or extinguish a project.

Across the Brooklyn Bridge: 10 Most Expensive Brooklyn Buildings

Brooklyn Bridge NYC

Last month, we shared with you the 10 Most Expensive Manhattan Buildings, with 15 Central Park West taking the cake. We thought it would be exciting to share with our readers what the 10 Most Expensive Buildings in our neighboring borough of Brooklyn turned out to be for 2013. As we did last time, we did some research on the data of closed sales and compiled this list of the most expensive buildings based on average price per square foot.