CB2's Land Use Committee voted against the proposal for the 27-story development, which would rise from a landmarked Fort Greene church. After more than a year of speculation about the future of the landmarked Hanson Place Central United Methodist Church in Fort Greene, plans are now clear: The owners want to use the church's shell as the base of a 27-story, 240-unit apartment tower that would rise beside the iconic Williamsburgh Savings Bank Tower.
Welput, a real estate fund managed by American investment firm BGO, saw its application to construct the tower close to Bevis Marks Synagogue turned down by the City of London Corporation (CLC) in December. The planned scheme involves the demolition of neighbouring Bury House on Bury Street. Opponents of the project include the UK's chief rabbi, Sir Ephraim Mirvis, and historians Sir Simon Schama, Tom Holland and Simon Sebag Montefiore. Welput has been approached for comment.
SAN JOSE A lender is heading into the final stages of its efforts to seize ownership of The Fay through a foreclosure of a delinquent construction loan totaling $182.5 million. Documents filed with the Santa Clara County Recorder's Office show the lender could take back the 363-unit high-rise at 10 East Reed St. in the SoFA district before the end of the year.