Alley catch: Developer buys Red Hook Lane property near new high-rise

Shiny and new: The Capital One bank at 356 Fulton St. was sold in a $43 million deal and could be the latest development site on historic Red Hook Lane.
Photo by Jason Speakman

One of Brooklyn’s oldest roads is getting a new look.

A developer recently bought a property on Downtown’s Red Hook Lane, where he could construct a residential and office high-rise, joining another tower on the tiny remnant of the pre-colonial stretch.

Manhattan real estate mogul Jeffrey Feil bought the building at the corner of Red Hook Lane and Fulton Mall, which is currently a Capital One branch, for $43 million in mid December, as first reported by the Real Deal.

Feil hasn’t filed any new building permits yet, but anything he erects there would join a 21-story, 110-unit apartment tower Quinlan Development Group is currently constructing at the corner of Livingston Street.

Old maps: Red Hook Lane, before construction began on a new 21-story residential tower there.
Google Maps

Workers last year razed several four-story walk-ups and a corner deli sporting a subway-map-inspired mural by artist Steve Powers, which will eventually be replaced by new retail on the building’s ground floor.

The two lots bookend a 1900s six-story beaux-arts building owned by the Department of Education, which preservationists have long sought to landmark.

Red Hook Lane is the last remnant of a road the once stretched all the way down to the waterfront of its namesake nabe. It started as a path for the Canarsie native Americans, and was a key trail for both the British and Continental Army during the Battle of Brooklyn, but almost all of it has since been swallowed up by new buildings and streets.

Neither Feil nor Quinlan returned requests for comment.

A new look: The residential new building at 117 Livingston St. will rise 21 stories and contain 110 apartments.
Ennead Architects

Reach reporter Lauren Gill at lgill@cnglocal.com or by calling (718) 260–2511.

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