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In 2016, for tax purposes, the company converted into a real estate investment trust. [9] The company also sold its stake in the Brooklyn Nets and the Barclays Center to Mikhail Prokhorov , [ 10 ] sold its military housing division to Hunt Companies for $208.8 million, [ 11 ] sold Terminal Tower to K&D Group for $38.5 million, [ 12 ] and sold 7 ...
In September 2014, the developers filed plans for a 65-story, 679 feet (207 m) tall mixed-use tower named 420 Albee Square, designed by SLCE Architects. [6] The planned tower would have been one of the tallest in Brooklyn and featured 751,548 square feet (69,821.1 m 2 ) of space with 271,203 square feet (25,195.6 m 2 ) devoted to office and the ...
The Brooklyn Tower is situated at 9 DeKalb Avenue and 340 Flatbush Avenue Extension in the Downtown Brooklyn neighborhood of New York City. [2] [3] [4] The building's site occupies much of the triangular city block bounded by Fleet Street to the northwest, DeKalb Avenue to the south, and Flatbush Avenue Extension to the northeast.
The 93-story, 1,066 foot-tall residential building in Downtown Brooklyn — which is the borough’s first supertall skyscraper — unveiled the first look at its forthcoming Sky Park to CNN, a ...
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Brooklyn’s tallest building is struggling to pay its skyscraping loans. Michael Stern, the developer of 9 DeKalb Avenue’s 93-story The Brooklyn Tower, has defaulted on a $240 million mezzanine ...
The second tower, City Point Tower II (also known as 1 DeKalb Avenue), [10] or 10 City Point, doing business as City Tower [11] was completed in 2015 [12] and opened in 2016. It is a 30-story, 335,000-square-foot tower with 440 market-rate units.
The Brooklyn Tower in Downtown Brooklyn. At a height of 1,066 ft (325 m), it has been the tallest building in Brooklyn since October 2021. Brooklyn, the most populous of New York City's five boroughs, contains over 50 high-rises that stand taller than 350 feet (107 m). The Brooklyn Tower, a condominium and rental tower in the Downtown neighborhood of the borough, is Brooklyn's tallest building ...