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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.
The Brooklyn Paper
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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.

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.

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

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Reasonable discourse

flight from Brooklyn says:
...go west my friend!
Jan. 7, 2016, 11:30 am
TOM from Sunset Park says:
I remember this when it contained the Edison Savings & Loan and the St. John's frat bars. This is progress?
Jan. 7, 2016, 4:56 pm
Mustafa Khant from Atlantic Ave says:
"Canarsie Native Americans" oh how pc!
Jan. 7, 2016, 6:31 pm
BevD from Red Hook/Carroll Gdns says:
Corner building-Capitol Bank wrap around was once the Lafayette Bank- than Kings Lafayette Bank- where I was employed- than merged with Republic Natioonal Bank. Why do es that area need a high riser? With all new businesses and nearly existing high risers developing by the end of Fulton Mall, why there at a triangle of
Congested, dangerous 4 lane traffic.
As it is, you can't cross with the light changes. Breaking up of the streetsand sidewalks- where Adams
Street fro Shack which is on the
corner. Worries of sewage and
sinking islands. Disgusting. Why don't these developers put on their
thinking caps- build us GROCERY SHOPPING CENTERS.
Apartments coming- No Food stores, NO NECESSARY HOSPITAL. Or better yet, BUY OUT - REOPEN LONG ISLAND COLLEGE HOSPITAL.
Jan. 7, 2016, 11:59 pm
FC BKLYN from BROOKLYN says:
build up !!

https://www.etsy.com/listing/160381625/downtown-brooklyn-ny-t-shirt?ref=shop_home_active_1&ga_search_query=downtown
Jan. 11, 2016, 2:15 pm
Ursula from Downtown Brooklyn says:
BevD, this corner was part of the Fulton Street upzoning about a decade ago. So, someone has finally purchased the site. If you've followed the development of downtown Brooklyn, you would know that Trader Joe's is opening in the CityPoint complex this year.
Jan. 26, 2016, 12:40 pm

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