Thursday, March 08, 2007

Greenpoint Project Gets Magic, but Will It Get a New Fence?

Yesterday, Crain's reported that Earvin "Magic" Johnson and the Canyon-Johnson Urban Fund are going to provide $12.4 million of financing for the 110 Green Street Condominiums. The project will be a six-story building with 130 units. Mr. Johnson said, in a statement quoted in Crain's that "We are believers in Brooklyn as a place that is economically growing, healthy, entertaining and the place to be." The Greenpoint project is the venture's third in Brooklyn, the most prominent being the conversion of the Williamsburgh Bank Tower to One Hanson Place. We're nitpicking, but we'll point out that 110 Green was one of our Construction Sites Du Jour for the interesting way in which the site has been secured from the public. You can read a report on the condo itself, here. So, maybe the Magic name will ensure that the fence is fixed so that the demolition and contruction site don't continue to be neighborhood hazards?

Related Posts:
GL's Construction Site Du Jour: 110 Green Street
Demolition Porn: Greenpoint Snow Scene


Anonymous Miss Heather said...

It is my understanding Magic Johnson is a movie theater entrepreneur. Why couldn't he have funded a MOVIE THEATER for this 'nabe instead of this piece of shit?

12:47 PM  

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