Residential Development Potential At 111 Montgomery Street Site, Crown Heights
PWR Holdings has placed the development site at 111 Montgomery Street, in western Crown Heights, on the market with an asking price in the mid-$40 million, according to Commercial Observer. The 22,000 square-foot site boasts 168,000 square feet of development rights. New building applications were filed to build a 12-story, 173-unit apartment building on the property in March.