In the fall of 2014, a developer snatched up a handsome 1900s-built walk-up on Downtown Brooklyn's Schermerhorn Street for $11 million, which at the time set a record for price per buildable square feet. Condos were planned from the start, and as of November, 88 Schermerhorn was headed for the wrecking ball. Now a tipster, who is also a neighbor, spotted brand-new permit filings for the site, which propose a 27-story building with 23 units. designed by Think Architecture and Design. The developer appears to be SDS.
A vacant lot at 319 Schermerhorn sold last month, where Adam America plans to build a 21-story condo tower. At No. 285, another developer is converting and expanding the current home of Brooklyn Community Services; the project will eventually have 100 apartments. And an Ace Hotel really wants to rise at the corner of Schermerhorn and Bond, but residents are not into the idea.
· Demolition Planned for Downtown Brooklyn Apartment Building [Brownstoner]
· All 88 Schmerhorn Street coverage [Curbed]