From, what else, The Real Deal, comes info on a building planned for 109 Montgomery, just north of MTOPP world headquarters. 12 stories. Does that count, in the vernacular, as a "Sky-Riser?" And what's up with this Karl Fischer guy? Every third new building in Brooklyn is designed by him. Talk about one guy remaking the look of an entire borough. Remember, if these things are built even remotely durably, they will be with us for decades. This is, again in the vernacular, positively NUTS.
Asher Abehsera and Aaron Lemma’s PWR realty firm has closed on the purchase of a Crown Heights development site near Prospect Park, The Real Deal has learned. The Brooklyn-based developer and partner Cornell Realty bought the site at 109-111 Montgomery Street from the nearby Brooklyn Botanic Garden, which owned the vacant lot since 1989. Building applications filed in March indicate plans for a 12-story residential building to be designed by architect Karl Fischer. PWR plans to move forward with the plans, which presently call for 172 residential units across 168,000 buildable square feet and 76 parking spaces. Financial terms of the deal were not disclosed. Cornell acquired a nearby development site last year, at 902 Franklin Avenue, that later also saw plans filed for 168,000 buildable square feet of residential space.
The developer bought that site for $14.5 million, or $86 per buildable square foot. - See more at: http://therealdeal.com/blog/2015/06/11/abehseras-pwr-picks-up-crown-heights-development-site/#sthash.FXoyuyqS.dpuf
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| Handsome kid, that Asher (l.) Moonlights in a Boy Band Called 'N Mink |
The developer bought that site for $14.5 million, or $86 per buildable square foot. - See more at: http://therealdeal.com/blog/2015/06/11/abehseras-pwr-picks-up-crown-heights-development-site/#sthash.FXoyuyqS.dpuf