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Excelsior!
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YIMBY: Developers Acquire 10 Nevins Street Assemblage, Plan 33-Story, 150-Unit Tower, DoBro



In July, Adam America Real Estate and Slate Property Group were in contract to acquire the development assemblage at 8-16 Nevins Street, in Downtown Brooklyn, and now the team has closed on the purchase, according to Crain’s. The developers paid $47.75 million for the site, and Vanke, a Chinese developer, is partnering to build a 33-story, 150-unit residential building. The tower will total 180,000 square feet, and retail space is also likely planned. Construction is expected to begin early next year, although multiple low-rise buildings must first be demolished.
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Update:

Closer Look at New Banal Condo Tower Coming to Downtown Brooklyn
May 24, 2017
An ungainly residential tower is readying rise from an L-shaped lot at 10 Nevins Street in Downtown Brooklyn. While the building permits from past schemes have yet to be fully updated, a new rendering posted on the site’s construction fence shows a 25-story building with wings on both Nevins Street and Livingston Street. In 2015, Crain’s New York reported that a joint-venture between Adam America Real Estate, Vanke, and Slate Property Group had purchased the site from a previous developer for $47.75 million and will be building an 180,000-square-foot condo building.






More info on the project HERE.
 

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pooh bear
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We'd greatly appreciate it if you can post pics! You can upload them to Imgur or Flickr or upload them directly through the phone app. Thanks for the update.
 
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