Matt Linda and Uddi-Court first for two people who came near the old section of St. John College in Bruklin Staff, which grew up in the region.
Linda, General Director People who restore congregationsand Kore, a partner created Avenue real capitalfirst in the summer of 2017 carried out property.
The building had many names since the building was founded in 1869
It was left after the university stopped in 1972 and had deteriorated for decades. The Roman Catholic Church has been baptized by the next door, Saint John, for years, including naked and boarding schools.
“I think it looked like a great place to make a terrible film
“It was not difficult to take with beautiful bones of the building with beautiful bones, amazing high ceilings, amazing arch windows, you can take this building and turn it beautiful.”
In 1972 he stopped in 1972 in the lessons of St. John University in Brooklyn.
Hatcher
After the initial walk, the floor plans with business partners agreed that they could turn property a costly apartment. After some talks, Linda gives his company 99 years of lease from St. John, its company to build and use its company on all periods of rent.
“At the end of 99 years, if the church expanded us and signed another hiring and returned to the leasing church,” Linda “,” said Linda.
Partners, for the church, the preservation of the old college is very important, but also converted to better use.
“For this church, it was important to save the original elements of this structure for the church, but find a better way to bring it to the church,” he said. “They simply want to enter and want to create a business plan and that we will replace them and still have a good part of this neighboring fabric and we have done much.”
The project was bad in the lining and the opposite of the buildings in space and for decades.
Hatcher
When Linda went on board with a project, they had to pay $ 3.7 million to rent. In addition, they had to divide the seats of old college and St. John Hones, where the churches can maintain their tax benefits and can be taxed on any other property in the building.
To finance, they amounted to $ 103,627,859, which amount of $ 103,627,859 from equity from equity, amounting to $ 103,627,859 from equity, according to CNBC. The property tax on the building is about $ 700,000 per year.
The repair began in 2020. This process included the addition of a new wing and adding a large wing, as well as underground parking. The old college has become a 205-apartment building, has 147 one room, 48 studios and 10 two-room units. Partners called a building HatcherAs a bow on the streets of Hart and Viluchbi Avenue as a bow.
Linda and Kore learned that an old campus would be very good to turn into stylish apartments.
Hatcher
205 copies, 62 are assigned for affordable shelter, which means that the lease is $ 2,939 to $ 3939 per month and is available to NYC Housing Lottery. Rental of other apartments is between $ 3,130 and $ 6,950 per month.
Has some of the bricks and windows with some old colleges of Hipby, which is half part of the school. Linda and Korea also made a yard and call a crowded winter garden to join a historical church.
Other conveniences include hotel, gym, yoga and business center.
Hartbi has 205 apartments.
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Hartby has leased in April this year, and the building is currently leased about 50%, and 70% rent. Linde and Kore Rating The building is fully rented in September.
Linda and Kernel, Hartby, covered their choice to respect the original design of the old college. The church is very worn out when they saw a completed project.
Hartby is named after the cross street, Hart Street and Willohbi Avenue.
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“I think they haven’t seen it for many years, because they did it for many years, they were a little bit,” said Corol. “It seems that they really feel like they were meant to say, we need to keep it as you can, so it will never forget it. I think it will be the eternal part of Brooklyn. “
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