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With his work at One Hanson Place almost done, Magic Johnson is expanding his Brooklyn portfolio to Greenpoint with the purchase of a 65-by-100-foot lot at 110 Green Street. Johnson and his partners ponied up $10.48 million for the two-story factory last summer and will be pulling down an additional $41 million construction loan to build the six-story, glass-clad condo. “We are believers in Brooklyn as a place that is economically growing, healthy, entertaining and the place to be,” Johnson said yesterday in a statement announcing the deal. The developers said theapartments “are designed to appeal to a diverse and growing group of single working individuals and young families” priced out of Manhattan.
Magic in Brooklyn [NY Post] GMAP P*Shark


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  1. The architect’s rendering looks like a lot more than 100′ of frontage. Also, the building is being called GreenHuron or something like that, so I assume it goes through the block to Huron St. Maybe the 65’x100′ is one parcel?