The Real Estate

Sign O' the Times: One Hanson Drops Price for Fabulous Retail Space

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Owners of One Hanson Place appear to have lowered by 30 percent the price of the landmarked banking hall at the bottom of Brooklyn's tallest and most glamourous building.

In a Brooklyn Paper article today, broker Faith Hope Consolo, chairwoman of the retail leasing and sales division for Prudential Douglas Elilman, tells editor Gersh Kuntzman that the developers will sell the space as a commercial condo for an unspecified amount, or rent it out for $2 million a year.

But according to Jeffrey Roseman, executive vice president of Newmark Knight Frank Retail, who was replaced by Ms. Consolo in early April, developers Canyon-Johnson Urban Funds and the Dermot Company were earlier asking $3 million a year.

Ms. Consolo also told Mr. Kuntzman that she was shopping the space around to the likes of Microsoft, Apple, Barneys, Sony and the Metropolitan Museum of Art.

Whether any of those retailers will bite, however, remains another question. As Mr. Roseman put it recently, “It’s landmarked both inside and outside... So it’s much trickier.”

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