The historic Polonaise Terrace site has new ownership.

Double U Development recently purchased the property for nearly $9 million. The real estate developer has expanded its Greenpoint and Williamsburg portfolio over the past few years, scooping up properties on Lorimer Street, Wythe Avenue, and North 9th Street. 

144 Point Break LLC initially purchased the property in 2021, with plans to turn it into a mixed-use office and retail space. The site, located in the Greenpoint Historic District, needs…

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  1. Wasn’t there an issue of a MTA sub station there they prevented the property to be developed the way RE buyers wanted to and thus it was left an eyesore?

  2. Pingback: Real Estate Developer Buys Polonaise Terrace for Nearly $9 Million – Greenpointers – Real Estate News
  3. Pingback: Greenpoint This Week: Developer Buys Polonaise Terrace, Mini Forest in Williamsburg, and More - Greenpointers
  4. Pingback: What’s Going to Happen to the Polonaise Terrace? - Greenpointers
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