Flank buys Carlyle out of Brooklyn Hilton project

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An on-site rendering has been posted for 140 Schermerhorn Street, a major mixed-use structure in Downtown Brooklyn, where excavation is beginning. While the glimpse isn’t exactly comprehensive, it still provides a general idea of the building’s ultimate appearance. The architect of record is.

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The Boerum is a handsome, 19-story condo/hotel development at 265 State Street at Smith Street in the Boerum Hill section of Brooklyn. It is expected to be completed in 2016 by the Carlyle Group and Flank and it was designed by Flank, whose other projects include 224 Mulberry Street, the Abington and 441 East 47 th Street, and Goldstein Hill & West.

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Articles about Flank from Commercial Observer, New York’s authority on commercial real estate leasing, Marathon Lends $52M on Churchill’s 34th Street Office and Retail Project.. Flank Looking to Sell Brooklyn Hilton By Lauren Elkies Scram Premium .

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Flank is buying the Carlyle Group out of their jointly developed Brooklyn Hilton hotel in Boerum Hill. As part of the deal, the architecture and development firm is refinancing the 196-key hotel.

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