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A Developer Is Slowly Buying Up an Entire Prominent Block In Downtown Brooklyn

Over the past several years, RedSky Capital has been assembling a sizeable development site in Downtown Brooklyn bounded by Fulton Street, Flatbush Avenue Ext., DeKalb Avenue and Bond Street. According to an April story from The Real Deal, the firm led by Ben Bernstein and Ben Stokes has acquired more than a dozen properties on the triangular block over the past several years, spending more than $100 million putting the site together. While plans for the triangular block have yet to be fully revealed, demolition permits have been filed for several of the properties and two renderings have been leaked.

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