Friday, May 24, 2013

Movin On Up to Redhook!

Big changes coming to Red Hook, it appears that the enormous warehouse at 160 Imlay Street will be converted to luxury apartments.  As you may remember 162 (next door) was converted to an art warehouse a few years ago.
160 Imlay Now
The building, which was slated to be developed during the boom years, before litigation by local residents held it up, has received a variance to become a mixed-use building.  The very zoning I seek eight blocks away in order to build my structure.

It is rumored that prices will range from $1,200 to $1,500 USD per square foot making it the priciest loft development in Brooklyn and clearly meeting or beating some of downtown Manhattan's most aggressive pricing.

Do you think this will change the face of retail on Van Brunt?  Maybe there is hope for my project after all.

We’ve uncovered more intel on 160 Imlay Street, the will-they-or-won’t-they Red Hook warehouse conversion.
Architects Adjmi & Andreoli are revamping the vacant former warehouse of the New York Dock Company and posted the above exterior rendering to their site. A rep at the Adjmi & Andreoli office told us that there will be 70 residential units at the six-story, mixed-use development. 
The developer is Est4te Four, according to permits filed with the Department of Buildings on March 28th. Floors one and two will be commercial, while floors three through six will be 134,000 square feet of apartments. The existing concrete warehouse has 12- to 16-foot ceilings and large open windows, which the developer will be taking full advantage of:  ”Due to the significant ceiling heights of the property, the apartments will be loft-style and high-end for the area,” says the Est4te Four site.
We spotted this overhead rendering from Est4te Four, and we really hope that rooftop pool is happening:

Also in the ‘hood, Est4te Four is in the process of transforming an empty, aging warehouse at 202 Coffey Street into a “global hub for creativity, contemporary art galleries, fashion, design and events.” So basically, we’re going from derelict to derelicte.