A recent post on the site Insight on Brooklyn Real Estate about the formerly stalled residential project at 340 Court Street prompted us to give a call to the building’s new developer, Ken Horn of Alchemy Properties, which took over the project after its original developer, the Clarett Group, abruptly skipped town. Horn reported that the offering plans are going to be submitted to the AG’s office within the next couple weeks, and after they’re approved the hope is to get a model unit set up by June to begin the pre-sales process. The developer is keeping mum on asking prices until the plans pass the AG’s sniff test. Horn said that the 32 condos that are part of the project will only be two-, three-, and four-bedrooms, so it seems the firm is looking to tap into the family demographic. Meanwhile, four of the 11 townhouses that are also being built as past of the development will be single-families, while the remainder will be two-families. Horn says the hope is to have construction completed on both the condo building and the townhouses by July 2013. Amenities will include a gym in the condo, a children’s playroom, and most of the units will come with underground parking spots.
Development Watch – 340 Court Street Coming Soon [Insight on Brooklyn Real Estate]
Photo via Insight on Brooklyn Real Estate


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