Manufacturing

61 Wythe Avenue

Williamsburg Warehouse Property at 61 Wythe Avenue Up for Sale as Development Site

The low-rise brick structures housing the Brooklyn Bowl and Brooklyn Brewery — spanning 61-71 Wythe Avenue, in northern Williamsburg — are on the market, reports Crain’s Business. Although leases don’t expire for a couple more years, if community space is included, up to 170,000 square-feet of mixed-use commercial and community-use development rights could be utilized. The assemblage is being valued at over $50 million.


citistorage fire williamsburg

Owner of Williamsburg’s Burnt Out CitiStorage Warehouse Thinks It Could Sell for $500 Million

The site of a recent large-scale fire on Williamsburg’s northern waterfront — the burned-down warehouse located at 5 North 11th Street — may be on the path for redevelopment, or so the property’s owner hopes. Crain’s Business reports the property — likely valued at $500 million — boasts roughly 600,000 square feet of commercial air rights, and could be rezoned for residential if approved by city council, however earlier prospects to designate the land as park space may foil any redevelopment prospects.

Read More


Fetching more...