The site, which is currently listed at $28 million GlobeSt.comhas learned, currently has a warehouse on the lot, Francis says.The site, directly across the East River from Manhattan's EastVillage has been approved for a mixed-use development of 30,000 sfof commercial space and 157,000 sf of residential space. Under theInclusionary Housing program, the residential square footage couldbe boosted to 178,200 sf.
Francis tells GlobeSt.com that what the sellers are using thesite for now is what they have been using it for years. "The ownershad started to think about selling the site as a project to showits potential, so they spoke to an architect." The proposedproject—known as Huron Towers at Greenpoint—is located at 161 W.St., at the corner of Huron Street here.
Proposed plans for the immediate area include a water taxiwithin 100 feet of the property, waterfront parks, retail shops,restaurants, and other new housing developments. The 'G'train--with service to Queens--and the 'L' train--with service toManhattan--as well as three bus routes, are all within a fewblocks.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
