NEW YORK | 141 Willoughby St | 360 FT | 23 FLOORS



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@Skyalign Four in a row! :+1:t2:

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Yup! And once 589 Fulton Street is complete, we should be able to get it in frame too.

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Turned out pretty well. I like the color tone.

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looks like a cool place to work.

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BH3 Management and Capstone Equities closed on 141 Willoughby Street and have major plans to reposition the vacant office tower in Downtown Brooklyn.

The joint venture acquired the 24-story, 400,000-square-foot building from Savanna through a foreclosure and is now seeking to convert part of the tower into 200 residential units.

The developers plan to add both market-rate and affordable housing with residences spanning studios all the way up to three bedrooms. Only floors two through seven of the 24-story building will consist of office space.

The conversion is expected to start in 2026.

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Capstone Equities files plans for 233-unit conversion in DoBro

Can’t access anything else from the article

https://therealdeal.com/new-york/2026/09/11/bh3-capstone-land-208m-loan-for-dobro-conversion/

A never-occupied Downtown Brooklyn office tower will get a second life as a residential building after locking in a construction loan.

Ran Eliasaf’s Northwind Group provided a $208 million loan for 141 Willoughby Street, a 24-story Class A tower that was completed in 2023 but never landed a tenant. BH3 Management and Capstone Equities are converting 16 upper floors into 239 rental apartments. The lower seven floors will remain office space.

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