News: Owners Developers & Managers

The Brooklyn Home Company’s single-family home closes for $22.1m

Brooklyn, NY 1 Sidney Place has closed for $22.1 million; making it the second most expensive single-family home sale to date in Brooklyn. 

The Anglo-Italianate row house built around 1870 was renovated and reimagined by design and development firm, The Brooklyn Home Company (TBHCo) and entered contract in April before it hit the market with an offer from Glossier founder, Emily Weiss. Lindsay Barton Barrett of Douglas Elliman represented TBHCo in the sale.

TBHCo took inspiration from the past and present to create a beautifully livable home made for gathering and entertaining. Intricate moldings and plaster medallions pay homage to the property’s historic origins, while wide-plank European oak and fine marbles add elegance. In Brooklyn Heights Historic District, the home has a restored brick façade, mansard roof, oriel windows, and a corner location. 

This historic home offers five bedrooms, living and entertaining spaces, three levels of private outdoor space, an elevator, and a private garage. 

John Graham, a pivotal figure in the mid-20th-century New York art scene and co-founder of the Guggenheim, lived at 1 Sidney Place in the 1930s. TBHCo paid homage to the renowned artist’s legacy by commissioning art curator Glenn Adamson to curate an exhibition within the home in partnership with Severin Delfs of Hollis Taggart. The exhibition was inspired by Graham’s legacy and was on display this past April.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Follow the upside: How NYC  investors are rethinking real estate - by Thomas Donovan

Follow the upside: How NYC investors are rethinking real estate - by Thomas Donovan

In my earlier years of brokerage, my team had our investor list divided into five brackets – multifamily, retail, office, industrial and development. For the most part, multifamily investors only wanted to see multifamily
Hunt Commercial Real Estate Question and Answer:  Evaluating the buyer - by David Hunt

Hunt Commercial Real Estate Question and Answer: Evaluating the buyer - by David Hunt

The Purchaser: This is usually a subjective decision. As an example, a large public company may be a desirable purchaser because it is financially strong, but
Hunt Commercial Real Estate Q&A:  Location, location, location? - by David Hunt

Hunt Commercial Real Estate Q&A: Location, location, location? - by David Hunt

In working with our clients, we break down our search objectives into two categories. The first category involves the specific needs of your business such as warehouse height, amount of office space and number of loading
IREON Insights:  Research and development tax credit: Very important deadline for amendments is July 6 - by Richard Levychin

IREON Insights: Research and development tax credit: Very important deadline for amendments is July 6 - by Richard Levychin

If you are a company that either claimed or qualify for the research and development tax credit you need to be aware of the following update resulting from the One Big Beautiful Bill Act (OBBBA).