Joshua Guttman plans nine-story hotel at Greenpoint Terminal Market

Hot sheets: Controversial developer plans hotel at Greenpoint Terminal Market

Moving up: Developer Joshua Guttman plans on turning this abandoned waterfront warehouse into a nine-story hotel with 155 rooms.
The Brooklyn Paper
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A hot-button real estate tycoon plans on turning a derelict Greenpoint warehouse into a nine-story hotel nearly a decade after a mysterious fire ravaged other parts of the complex.

Joshua Guttman’s Pearl Realty will convert a vacant West Street property between Milton and Noble streets — part of the sprawling Greenpoint Terminal Market site that went up in flames in 2006 — into a 155-room hotel with ground-floor retail and a roof-top bar, according to papers filed with the city on Wednesday.

But neighbors, still fuming over the massive inferno and other issues at Guttman’s properties in the years since, say they won’t be checking in any time soon.

“I think it’s horrible that he’s being allowed to develop,” said longtime Greenpointer Laura Hoffman. “Aside from the fact that such a great space was torched, he also has done very little for the community over the years.”

The Greenpoint Terminal Market was a six-block complex housing both industrial businesses and derelict buildings frequented by vandals and squatters that Guttman was planning to tear down when a fire ripped through the property in 2006.

Preservationists were pushing for the entire complex to be granted landmark status at the time, but the property went up in flames before the city could consider it.

Police ultimately arrested and convicted a homeless man for lighting up the building, but many Greenpointers remain wary of Guttman’s record as a landlord and neighbor.

The developer racked up more than $4 million in fines for unrelated building violations on the Terminal Market site, while falling debris prompted the city to temporarily close a neighboring playground in 2011.

And he refused to open fences over Noble Street at West Street that neighbors say robbed them of access to a public stretch of the waterfront for decades.

“He’s a crook,” said Laura Hoffman’s husband Michael, who once worked at a factory inside Greenpoint Terminal Market.

The hotel will be across the road from another recent Guttman project — the Brooklyn Expo Center, which opened on Franklin and Noble streets last year. Many locals aren’t huge fans of that one either, and have accused management of failing to stop visitors parking illegally nearby.

Guttman previously intended to build a hotel at one of his properties in Dumbo — a former illegal loft conversion that was also once gutted by a suspicious blaze — but the city shot that plan down a few years ago, according to city records. He now plans on turning it into offices.

Pearl Realty did not return requests for comment.

News of the hotel was first reported by the Real Deal.

Reach reporter Allegra Hobbs at or by calling (718) 260–8312.
Updated 10:17 pm, July 9, 2018
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Reasonable discourse

schaz from greenpoint says:
Re:Mr Guttman:
The NuHart plastics factory (ten blocks away) is in the news, due to residue contamination and toxic plumes in the ground. However , there were at least THREE large and essentially similar plastics factories in Greenpoint. Besides the NuHart site a defunct twin plant is located at the corner of McGuiness Blvd.and Dupont St, AND a third large plastics factory was at the corner of Noble St. and Franklin St. . This third plant was converted by Mr. Guttman into his EXPO center. Is anyone checking whether the Expo center site was also contaminated.? ...whether there are toxic plumes in the surrounding grounds (similar to Nuhart) , ...and whether anything was done about it? Guttman apparently just put up a new glass front on the former plastics factory building. I never saw any remediation going on. Did anyone check for contamination? When? How carefully? In addition, Giuttman's . proposed nearby hotel site has had loads of metal barrels (leaking?) lying around the grounds for years (next to a plaground!) , filled with who knows what chemicals or industrial materials. Is anybody checking on all of this in the interests of public safety?
Nov. 6, 2015, 10:59 am
Charles from Bklyn says:
Didn't we vote in a mayor who stated he would stand with the residents against unscrupulous developers? I guess the city needs to organize against developers and the city government. Pathetic.
Nov. 6, 2015, 12:05 pm
joe from busy corner says:
Schaz, For perspective the Newtown Creek was designated a Federal Superfund so as to be primed for conversion from industrial to residential. Having the designation is positive as it initiates the cleanup process. The fact Newtown Creek was designated a Superfund after the rezone, so recognizing it as a natural resource to be reckoned with, is a problem ignored by our City officials.

Nuhart was designated a State Superfund only after years of 311 calls and finally a mysterious, hushed explosion. This Superfund was kept quiet, as oppose to the Newtown Creek Superfund because of real estate interests. Local activists (not NAG, not your local rep Levin) educated themselves about the site, then shined a light on its toxicity so as to identify one of many reckless elements of the planned development in the area.

Now people may try to say you can't have the clean up without the development. This may be perceived as blackmail, just as the neighborhood was threatened with either/or scenarios of a possible waste transfer station v/s residential overdevelopment, etc.

Historically, the more unpleasant realities of this city such as waste, recycling etc were dealt with by criminal elements, as they were clever to see opportunity in dealing with what most did not want to address. I mention this not to accuse the superfund clean up process as being criminal, rather possibly mere highway robbery forcing the neighborhood to depend on money from residential overdevelopment. An explanatory itemized budget would help dismiss that distrust. And sht, there is already so much money in the neighborhood, where is it going?

As for the Expo site, a neighbor in the area had said at one of the Levin NAG mtgs, the land owner did no clean up, instead just piled the concrete on thick. Maybe by happenstance that was the right thing to do. In reality, it remains an unknown.

Hopefully NAGs toxic maps will produce proactive results with regards to other hazardous sites in the area. And maybe Levin will stop his nonsensical popular voting dances and get to work.

As for the hotel, at least it's a block inland. Try not to rape the building, as is the current trend by pseudo developers.
Nov. 6, 2015, 2:34 pm
Joe from Busy Corner says:
The fact Newtown Creek was designated a Superfund after the rezone is a an ongoing problem, as this meant the creek did not have to be observed by the Rezoning Gods as a natural resource to be respected. CS0s and shadows are probably not a winning combo.
Nov. 6, 2015, 5:02 pm
Rob the dog walker from Williamsburg native says:
I was born in williamsburg and after 9/11 happened is when businesses and homeowners were forced out due to wanting to create a "mini manhattan" out of williamsburg. Before 9/11 williamsburg had value and culture and now it's infested with all these ppl buying out those who helped make williamsburg what it is. I've seen many businesses after 9/11 get screwed just to bring in expensive crap to the neighborhood. And the jews are animals today, very cut throat and disrespectful
Nov. 24, 2015, 1:54 pm

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