Redevelopment efforts could transform the 18.8-acre property into premium riverfront real estate linking the vibrancy of Brooklyn and Riverside — where 600 apartments and new commercial projects have sprung up — to the Northbank core.

“That property is uniquely situated to finally complete the connection between Brooklyn and Downtown,” said NAI Hallmark co-founder Alex Coley, one of the architects of the Brooklyn renaissance. “It’s a prime waterfront property with tremendous development potential.”

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