In 2012, Pratt Institute purchased a property at 135 Emerson Place for $13 million. That’s where the school now plans to build a 10-story, 57,000-square-foot dormitory, reports The Real Deal. The 124-room dormitory will be located a block from Pratt’s Clinton Hill campus.
However, marketing materials of Massey Knakal Realty Services have indicated that the property’s zoning actually permits 97,000 square feet of residential space. The lot, between Myrtle and Willoughby avenues, was purchased from Cara Development. Cara Development had intended to build a new 16-story, 95,000-square-foot residential building with David Kramer’s the Hudson Companies in 2008. Hudson Companies is currently involved in an alleged fixed bidding process for the Brooklyn Heights Library development plan. The financial crisis and recession prevented Hudson and Cara’s joint project from being pursued.