New Developments in Brooklyn Heights {Luxury Apartments}
How high will new development rise on Remsen Street?
The Manhattan luxury apartment builder who paid $2.79 million for derelict two-story 153 Remsen St. earlier this year just bought two neighboring properties, creating a sizable development site in sought-after Brooklyn Heights.
An LLC formed by Upper West Side-based Quinlan Development Group paid $4.94 million last month for 155 Remsen St. and $6.16 million for 157 Remsen St., city records indicate. They’re tiny walk-up residential buildings with retail space, so what’s the big deal?
The answer: Unused air rights and a location just outside the neighborhood’s two historic districts, so there’s no height restriction on construction and developer Timothy Quinlan doesn’t need the city Landmarks Preservation Commission to okay his plans.
“You can build a heck of a building,” one real estate source said. “You can build tall, you can build dense – it’s part of the Downtown Brooklyn rezoning.”
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