A pair of pseudo-reincarnations from the House of Medici has apparently reneged on their promise of a new Renaissance in Brooklyn. David and Jed Walentas, developers of that sprawling land of urbanized art and culture known as DUMBO, are now bored with such pretensions. The duo are about to convert one of their bohemian-enthralled loft buildings into a luxury-enthralled rental apartment building.
Of course, this stroke of reality came as quite a blow to the artistes/ non-profit residents who are, for the nonce, residing there. They’ve been told to pack up their paint brushes, violins, manuscripts, or whatever masterpiece they were working on, and skedaddle in the next few months.
“Many tenants and neighbors think that the Walentas, who started buying property decades ago in what were then a forsaken warehouse district, are finally cashing in on their carefully engineered creation.”
Truly, a surprise of surprises; and this is only the beginning of many more surprises to come.