The Clarett Site at 340 Court Street
proposed town houses or "maisonettes" on Sackett Street
I suppose this will not come as a surprise to anyone here in Carroll Gardens, but according to the Real Deal, the Clarett Group just shuttered its offices in New York City. From an article that was published on Thursday:
"The Clarett Group, a New York residential and office building developer, has shut down its New York office, leaving one local project in limbo and the company's future in doubt. And it comes as founder Veronica Hackett has decamped for a developer of commercial space, Brookfield Office Properties.In January, following the gradual departure of staff over the past few months, the handful of remaining employees at Clarett's Madison Square Park office were let go or quit, according to former employees. In 2007, that office employed several dozen employees, the sources said."
But what does this mean for Clarett's " Collection On Court" site at 340 Court Street? Since late 2008, the project, which included a 70 foot building on Court Street, 4 townhouses on both Union and Sackett Streets as well as 3 'maisonettes', has been put on hold. Apparently, after the downturn in the economy, Clarett found it difficult to get financing.
Though Carroll Gardeners never warmed to the Rogers Marvel designed project, they hadn't signed up for a huge hole in the ground in the middle of the neighborhood either.
And now this announcement.
Jonathan Marvel, of Rogers Marvel Architects, the architect for Collection at Court Street, would not comment to the Real Deal, but he indicated to the Real Deal "that the project was in "transition" and details would be coming soon."
According to a source in the business, an out-of-town-opportunity fund is buying the site.