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Brooklyn Developers to Acquire Church Site in Downtown Brooklyn for Resi Project
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Commercial Observer
Tankhouse and Lonicera Partners — a pair of Brooklyn-based developers — are in contract to acquire a church property in Downtown Brooklyn and build a new residential building on the site.
The church could not be reached for comment, while the developers did not immediately respond to Commercial Observer’s requests for comment.
The Downtown Brooklyn site spans about 145,000 buildable square feet, according to data from PincusCo.
The Sisters of the Visitation’s 7.5-acre campus at 8902 Ridge Boulevard was sold to a group of Brooklyn developers including Integritas Capital and Heights Advisors.
Meanwhile, Apex Investment Real Estate filed plans to bring a 224-unit residential to 530 Utica Avenue.