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  #41  
Old Posted Jul 28, 2015, 6:28 PM
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Originally Posted by NYguy View Post
I don't see the relation.




Huh? Those Downtown towers directly border the brownstone neighborhoods of Brooklyn. These towers are no different. And will be no different from the further expansion of taller towers in Brooklyn bordering these neighborhoods.

I remember a similar argument about Atlantic Yards and it's towers a few years back. Same thing.

Now, if we want to discuss a tower that truly doesn' fit it's surroundings, look no further than 1 Manhattan Plaza.



cityrealty_nyc


Residents in the area say - rightly - that the tower doesn't fit in with its surroundings, that's it's too tall for the area. My response to that is the same.
Unless, of course, their opinions are invalid because they don't live in nice brownstones.
The difference is that the LES desperately needs redevopment and is the victim of poor urban planning and a poor answer to housing. Brooklyn Heights is in no need of such Urban adjustments. If this was below Court street id have no problem with it. To compare a neighborhood that needs gentrification to one that does not is pointless, apples and oranges. Lest we forget that preservation is a huge part of architecture not just development.
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  #42  
Old Posted Oct 20, 2015, 11:09 AM
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Developer Proposing As-Of-Right 260,000 Square-Foot Dormitory At LICH Site, Cobble Hill

REID WILSON
OCTOBER 20, 2015

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Fortis Property Group is proposing to build an as-of-right 260,000 square-foot student dormitory on the corner of Henry and Amity Streets, in Cobble Hill, according to Politico. The developer acquired the Long Island College Hospital complex from SUNY for $240 million, and is currently seeking a rezoning for the property, which would include senior housing, park space, and a public school. Fortis has also drafted plans for an as-of-right 35-story residential tower in addition to the dormitory, which would have hundreds of beds. Fortis’ plans for a five-story medical facility and eight townhouses have already been filed with the DOB.


Pre-demolition LICH campus, image via Google Maps
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  #43  
Old Posted Oct 21, 2015, 3:19 PM
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Fortis Releases Renderings & Breakdowns For Two Versions Of LICH Redevelopment, Cobble Hill





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Amid news of a possible student dormitory component in Fortis Property Group’s redevelopment of the Long Island College Hospital property, in Cobble Hill, full breakdowns of the developer’s as-of-right and ULURP-proposed plans have been released. According to The Wall Street Journal, the as-of-right plans call for 528,935 square feet of market-rate residential space, 262,555 square feet of community facility — the dormitory component — as well as 23,375 square feet of public space, but no retail or affordable housing.

On the other hand, the ULURP plans call for 900,000 square feet of residential space, 10,000 square feet of retail, 225,000 square feet of affordable housing, and a 40,000 square-foot elementary school, in addition to a larger public space.
======================
http://www.yimbynews.com/2015/10/for...bble-hill.html
http://www.wsj.com/articles/fortis-p...tal-1445307462
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  #44  
Old Posted Nov 13, 2015, 10:25 PM
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LICH Condo Development To Be Discussed at Public Meeting



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A public meeting will address the controversial Long Island College Hospital redevelopment as the community continues to debate the size and scope of the plan.

The proposed towers at the LICH site will be discussed at the Cobble Hill Association's fall general meeting at 7 p.m. on Wednesday, Nov. 18 at P.S. 29, located at 425 Henry St.

Other neighborhood matters are also on the agenda for the meeting, a representative from the association said.

"At our annual meeting, the lead topic will be the current situation relating to the proposed redevelopment of the LICH site," CHA President Laurel Burr and First Vice President Buzz Doherty said in a statement Friday sent to DNAinfo New York.

"[T]he CHA will report to the meeting the results of numerous block meetings held recently to understand whether the community will support the Fortis ULURP [rezoning] process."

Developer Fortis Property Group has two proposals for multi-story towers at the site. The first, which Fortis has openly advocated for, involves a property rezoning and would include affordable housing, a new school and 900,000 square-feet of market-rate units. This proposal requires approval from the City Council.

The second proposal, which can be built without any special permission, includes neither afforable housing nor a new school but Fortis can only build roughly 528,000 square-feet of market-rate condos.


The community meeting comes on the heels of smaller, private meetings that have been taking place with Councilman Brad Lander, developer Fortis Property Group, members of the Cobble Hill Association and local stakeholders.
=======================
http://www.dnainfo.com/new-york/2015...public-meeting
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  #45  
Old Posted Nov 14, 2015, 2:52 AM
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it's unreal how vociferous the opposition to this development is in brooklyn heights and cobble hill.

walking by ppl on their stoops, you overhear earnest boomer types (the guys that 'settled this neighborhood', lol), discussing their legal strategy...
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  #46  
Old Posted Nov 14, 2015, 3:00 AM
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Why bother meeting? I can tell you right now what will be said. Too tall, too big, out-of-context, neighborhood character threatened, traffic, overcrowded schools, shadows, eyesore, overwhelming the sewers and driving up prices are the usual NIMBY drivel.

Did I leave anything out? LOL.
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  #47  
Old Posted Nov 14, 2015, 3:29 AM
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Originally Posted by antinimby View Post
Did I leave anything out? LOL.
CRIME and more CRIME!!
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  #48  
Old Posted Feb 19, 2016, 4:17 PM
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Fortis’ long-delayed demolition at LICH site to move forward
Developer reached agreement with neighbor to receive access to perform work

Dusica Sue Malesevic
February 19, 2016

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Fortis Property Group reached an agreement with a neighboring property owner to move forward on its demolition plans for the Long Island College Hospital site in Cobble Hill, Brooklyn.

Fortis bought the former hospital buildings for $240 million, and wants to knock down two buildings — one 12-story, the other eight-story — at the site. But to do the demolition work, the developer needs access to neighboring properties, including 86, 88, 90 and 92 Atlantic Avenue.

One of the neighboring property owners, listed as Tulip Associates LLC, was not cooperating, according to documents filed with Brooklyn Supreme court. The two parties reached a court-stipulated agreement this week, Fortis spokesman James Yolles told DNAinfo.

“This matter has been resolved. We are continuing with scaffolding installation, and when that process is finished we will begin demolition,” Yolles said.

Last year, Fortis proposed two possible plans for the site. In the first, the developer would utilize its “as-of” right to build a 44-story luxury condo building in the heart of the neighborhood, which proved controversial. The second approach, which would require rezoning, called for a smaller, 16-story building on that site, with larger 2o- and 3o-story towers on Hicks Street, plus a public school and the seven townhouses now planned.

Mayor Bill de Blasio intervened over the future of the site last month. The mayor voiced his preference to let Fortis rezone the site, which would enable the construction of community amenities and low-to-middle income apartments. If the rezoning, which the City Council has to approve, does not go through, Fortis will only build luxury condos
http://therealdeal.com/2016/02/19/fo...-move-forward/
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  #49  
Old Posted Mar 24, 2017, 12:46 AM
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The condos are coming: Fortis testing the market for 173 units at LICH site

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Fortis Property Group is testing the market for condominiums in three planned buildings at the former Long Island College Hospital site in Cobble Hill, according to filings with the New York State Attorney General’s Office. In November, Fortis announced it would construct towers in the brownstone Brooklyn neighborhood without a rezoning that would have allowed the developer to build twice as much housing, including some affordable units.

The “test the market” applications, which do not constitute true sales offerings, include 99 condos at 91 Pacific Street (339 Hicks Street), 48 condos at 350 Hicks Street and 26 condos at 349 Henry Street.

Fortis filed construction plans for all three buildings in December, and the proposed unit counts in this month’s condo applications closely resemble those plans. 91 Pacific Street (also 339 Hicks Street) was filed with 110 units, 350 Hicks Street with 46 and 349 Henry Street (also 347 Henry Street) with 30, so it appears that all or nearly all of the apartments in the buildings will be condos.

The AG approved a 17-unit offering plan at 100 Amity Street in November, where Fortis is targeting a $67.4 million sellout.

When completed, the redevelopment will bring 528,935 square feet of market-rate housing to Cobble Hill. Under a recently scrapped alternative plan that would have required a rezoning, the company could have built 900,000 square feet of luxury real estate, but with a bonus 225,000 square feet for affordable apartments, the loss of which Mayor Bill de Blasio described as a “missed opportunity.”
=====================
https://therealdeal.com/2017/03/23/t...-at-lich-site/
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  #50  
Old Posted Apr 25, 2017, 1:26 PM
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seems like the developers are basically scumbags

Bogus No Parking signs at LICH site tick off Cobble Hill residents
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  #51  
Old Posted Apr 25, 2017, 1:38 PM
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^^^ seems like it was the construction company that put them up, not the developers, no?
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  #52  
Old Posted Apr 25, 2017, 9:15 PM
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Originally Posted by streetscaper View Post
^^^ seems like it was the construction company that put them up, not the developers, no?
my mistake As a resident of a nearby neighborhood, I'm pretty sensitive to this kind of BS, especially considering how difficult on-street parking is normally.
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  #53  
Old Posted Apr 25, 2017, 11:31 PM
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^^ I hear ya.. I would be livid!
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  #54  
Old Posted Sep 13, 2017, 12:45 AM
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Madison Realty Capital Provides $297M Construction Loan for Brooklyn Project

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Fortis Property Group has received a $297 million construction loan from Madison Realty Capital for River Park, a mixed-use project located at the former Long Island College Hospital site, Commercial Observer can first report.

River Park is a three-building development in the Cobble Hill area of Brooklyn. The three adjacent sites were formerly the Long Island College Hospital medical campus. The new development, currently underway, will comprise 325,000 sellable square feet, and include 172 luxury condominium units, 66,900 square feet of community facility space, and 328 parking spaces.

It’s not the first time that Madison Realty Capital and Fortis have transacted. In 2015, Fortis acquired the 18 buildings that comprise the campus from the State University of New York for $240 million, financing the first phase of acquisition with a $107.3 million bridge loan from the lender.

“We are very excited to be working with Fortis again on the completion of these Cobble Hill buildings,” said Josh Zegen, the co-founder and managing principal of Madison Realty Capital, in prepared remarks. “We believe that the limited product in the Cobble Hill and Brooklyn Heights market, combined with the exceptional product Fortis will deliver, will make this a marquis project for Brooklyn.”

The new construction loan proceeds will be used to retire the previous bridge loan and also complete construction of the three residential condominium buildings, including a waterfront tower at 350 Hicks Street (rebranded as 1 River Park); a high-rise condominium tower at 95 Pacific Street (2 River Park) and a contextual condominium building at 349 Henry Street/112 Pacific Street (5 River Park).

“We are excited to proceed with the construction of our beautiful River Park project,” said Jonathan Landau, the chief executive officer of Fortis Property Group. “Working together with Josh Zegen and MRC enabled us to achieve excellent leverage at competitive pricing for this landmark development. River Park 1, 2 and 5 will anchor the new Brooklyn Waterfront District and bring a new level of luxury living to Cobble Hill.”
=========================
https://commercialobserver.com/2017/...d-use-project/
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  #55  
Old Posted Sep 13, 2017, 12:47 AM
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Took a screenshot. "River Park" development teaser.

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