01 Jun 2017
Page 1
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Newspaper
The Red Hook Star Revue
Location
Brooklyn, New York, United States of America
Date
Jun 01, 2017
Page
1
Beard Street families face disruption from a proposed 158 Beard Street liquor license for a new Keg & Lantern Brewing Company bar. Residents cite noise litter and traffic as already-busy blocks host Brooklyn Crab Hometown Bar B Q and Sunny s within 500 feet.
The Red Hook Container Terminal built in the 1980s may be turned over after its 2018 lease to real estate developers. ILA and Waterfront Alliance warn of economic impact as PA faces a decision. the terminal moves 40,000 containers annually, supports 1,500 jobs, and reduces cross-harbor truck trips by about 55,000 yearly. A letter from 14 officials including Adams Velazquez Nadler urges action.
Italian developer Estate Four sold five Red Hook industrial properties for about 110 million dollars in May 2017 to Litex Group of New Jersey. The buyer plans to convert warehouses at 68 and 100 Ferris Street 44 Ferris Street 219 Sullivan Street 242 300 Coffey Street into distribution centers for e commerce and fashion related fulfillment while Estate Four converts 160 Imlay Street into 70 luxury condos with the first two floors kept for commercial use.
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