Soon after Gov. Andrew Cuomo put New York’s strict social distancing rules in place, industrial broker Thomas Donovan’s phone stopped ringing. It was a sudden shift in what had been one of real estate’s hottest sectors. But in recent days, Donovan said, folks have begun sniffing around again for space. “We have seen people that we’re speaking to say, ‘This is [a property] that’s going to be for me. Once this initial wave of social
A 1910 Tudor in Louisville, a vacation home on Cape Cod and a 1920 colonial outside Duluth.
A 1910 Tudor in Louisville, Ky.; a vacation home on Cape Cod; and a 1920 colonial outside Duluth, Minn.
Exterior work is getting close to completion at Extell’s Brooklyn Point, aka 1 City Point, in Downtown Brooklyn. Designed by Kohn Pedersen Fox with SLCE Architects as the architect of record, the 68-story, 720-foot-tall skyscraper stands topped out as the tallest structure in the borough. The project is also addressed as 138 Willoughby Street and is the third and final phase of the City Point complex, aka 445 Albee Square. Katherine Newman is designing the interior spaces including the 458 units, which range from studios to three-bedroom layouts with pricing from $850,000 to nearly $4 million.