Mortar Group closes on new development site in Prospect Heights

New York, NY Mortar Group, a New York-based Real-Estate Development Firm, has closed on the acquisition of a new development site at 319 Prospect Pl. in the Prospect Heights neighborhood. With construction work slated to begin this summer, 319 Prospect will soon become the home to a new five-story, eight-unit luxury residential development. 

The neighborhood offers to be a well-connected commuting hub with numerous train lines, access to the Long Island Rail Road, and most major arteries of transportation. Great schools, trendy eateries, and green spaces keep the neighborhood thriving, while Prospect Park, Brooklyn Botanical Gardens, and Brooklyn Museum serve as a village hub, drawing visitors from all boroughs. 

Anthony Morena said, "Great locations for development in historic neighborhoods like this are extremely rare, so we are very excited to have the opportunity to work in Prospect Heights, and to get started on this new endeavor."