Barone Management purchased the former Angel Guardian Home for Little Children at 6301 12th Ave. in Dyker Heights Brooklyn in August of 2018. Founded in 1899 by the Sisters of Mercy, the property served the needs of New York’s orphaned children for over 100 years, ultimately closing in 2003. Barone Management is currently in the planning stages of an expansive redevelopment of the 140,000-square-foot parcel. The intended goal is to incorporate over 100,000 square feet of residential units, over 100,000 square feet of educational facilities, and a large senior housing/assisted living component, for a total development in excess of 300,000 square feet. Further details are forthcoming.