Neighborhood Projects

Thursday, March 15, 2012

Developer Buys into Cobble Hill

Photo via PropertyShark
Here's an interesting Cobble Hill blurb reposted from Brownstoner...
JMH Development—best known here in Brooklyn for developing 184 Kent in Williamsburg—spent $6.6 million for a nice assemblage of properties in Cobble Hill, at 118 Congress Street, which is between Hicks and Henry. The seller was the Roman Catholic Diocese of Brooklyn, and the string of buildings included in the sale total 18,001 square feet. We’re not sure what the Diocese used the buildings for, but perhaps they were office space. Repeated calls to JMH for info about what they’re planning to do with the properties haven’t been answered—and there’s no action on the DOB-filing front yet—but our money is on a conversion. The properties are part of the Cobble Hill Historic District.

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