One Brooklyn Bridge Park, 360 Furman Street, #205

February, 2008 – Sold $4,250,000 December, 2011 – Sold $3,500,000 October, 2014 – Listed $6,350,000 This week’s Digs Watch takes us to the former Jehovah’s Witnesses printing and shipping facility turned amenity-rich Brooklyn waterfront condo behemoth One Brooklyn Bridge Park. The building is located on the southwestern fringe of Brooklyn Heights, and as the name […]

Stay Away from NYC Ground Lease Co-ops!

Stay Away from NYC Ground Lease Co-ops! Ground leases are relatively common in New York City commercial real estate.  Some of New York’s most notable properties, like the Chrysler Building, are encumbered by one. In a ground lease, the owner of land leases it to a developer with the intent that the developer will build […]