BROOKLYN HEIGHTS — LANDAU PROPERTIES, LED by former Fortis Property Group CEO Jonathan Landau, has secured $213 million in financing to acquire and advance a planned 47-story, 672-foot-tall mixed-use tower at 205 Montague Street, the longtime bank and office building located at the corner of Montague and Cadman Plaza West, reports The Real Deal.

Partners on the project include Third Millennium Group and Midtown Equities, which previously owned the site. Plans call for 46 condominium units and 90 rental units, along with 40,000 square feet of retail space. 

Construction is expected to begin early next year. If completed, the building would rank among the tallest in Brooklyn Heights, standing among several towers at the low-rise neighborhood’s edge.

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