You may remember back in the summer of 2009, barely a month after being named The Tallest Building in Brooklyn, the 51 story Brooklyner (at 111 Lawrence st) got a scare when Avalon Bay announced plans to build a 58 story, 860 unit residential tower nearby on Willoughby st, in Downtown Brooklyn.
Representatives of Avalon Bay were at that time so certain of the project’s completion that even despite not yet owning all of the 11 properties that would need to be demolished to make way for the building, they indicated that “demolition of the existing buildings and construction on the new building should begin within a year, with completion estimated to take two years” as reported in The Daily Eagle that July.
But then construction across the city slowed dramatically due to the economic downturn, notes Curb.com, and Avalon Bay seemed to forget about the whole thing.
Now the building is back in the works, however, as evidenced by Avalon Bay’s purchase of one of the remaining properties it will need to acquire and demolish to begin construction, as reported by PropertyShark.
There are still several properties left for Avalon Bay to acquire before it can begin construction, so it would appear that they are quite a ways behind the schedule they confidently laid out last summer.
But lapsed time tables aside, this project could be a boon for Downtown Brooklyn, which has a lack of housing, and could spur further retail development in the area.
So it would seem that for the immediate future at least, folks at the Brooklyner can rest assured that they hold the title to Tallest Building in Brooklyn.
The only question now is how long is it going to take Avalon Bay to take that title?