Until 2010 the Williamsburg Savings Bank Tower, with its iconic illuminated clock, at 512-feet-tall, was the tallest building in all of Brooklyn. The rezoning of Downtown Brooklyn 2004 invited the construction of taller and taller buildings in an attempt to grow the city without encroaching on the already scarce open spaces in the...
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Fifteen Brooklyn families are realizing their dream of owning homes in Brooklyn through a years-long project of the non-profit organization Habitat for Humanity. The project was launched about ten years ago, according to CEO of Habitat for Humanity Karen Haycox. “We’ve been holding the property and putting the project together for...
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There are several reasons stocks can be a great investment vehicle along with real estate. Therefore, it is not surprising when Principal and CIO of Prime Opportunities Investment Group LLC, Pouya David Yadegar, became interested in stocks. Before founding the firm, Pouya managed his own family’s wealth through investments in...
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New York is an old city which is constantly growing and renewing itself. Unfortunately, for growth to happen, sometimes beautiful and historic buildings need to be demolished. The following buildings are on the chopping block. Here is a little bit about each one. Sunshine Cinema on the Lower East Side showed their last movie at the...
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The area is being cleared and the foundations being dug in preparation for the construction of Brooklyn’s newest combo project: The Dime Savings Bank /Residential tower. Proceeding apace, Williamsburg’s historic Dime Savings Bank will see a specially designed 248-foot tower rise adjacent, incorporating the Dime’s neoclassical...
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A building in Brooklyn which was the property of Jehovah’s Witnesses was sold to a developer based in Florida, the Wall Street Journal reported. The developer, Kayne Anderson, paid $200 million for the 16-story apartment building located in Brooklyn Heights. The developer renamed the building The Watermark at Brooklyn Heights,...
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