Red Hook Roundup

Strolling through waterfront neighborhood today, The Real Estate found several developments worth noting.

First up, as reported earlier at Brownstoner, via Redhooky, the long-delayed condo project at 160 Imlay Street–right next to the new cruise-ship terminal–will be delayed even longer.
It seems that a suit filed in January 2004 to stop the development–by the Red Hook-Gowanus Chamber of Commerce, which argued that the building should be used for industrial uses–was dismissed on a legal technicality (the developer of the property, wasn’t named in the suit). But on Oct. 25, Court of Appeals Chief Judge Judith Kaye reversed the dismissal, relying on a legal provision that allows such actions “if justice so requires.”
So now the $90 million, 145-unit project, by developer Bruse Batkin, sits fallow while the lawsuit once again wends its way through the courts.
(Hat tip to the Carroll Gardens/Cobble Hill Courier for breaking it down.)

But other projects are getting off to a better start. For example, a new housing development continues apace on Wolcott Street, off Van Brunt, on two buildings that’ll add 60 units of low- and moderate-income owner-occupied condos.
The $17 million project’s been spearheaded by the Fifth Avenue Committee, with help from the Housing Partnership and the Department of Housing Preservation and Development, and financing comes via Citibank, among others.
Interested applicants can stop by the F.A.C.’s headquarters to get on its mailing list.

Further down Van Brunt Street, Greg O-Connell’s 115,000-square-foot condo development with a Fairway on the ground floor is slowly progressing. The Real Estate stopped by the site and asked a construction worker when the store would be opening and was told “the end of January.” He said the condos would be ready “probably earlier.”

(Photos, from top to bottom: 160 Imlay Street; Greg O’Connell’s condo/Fairway development; interior of the Fairway store–forgive the blurriness, we had to take this in a hurry because the security guard hates us.)

-Matthew Grace Red Hook Roundup