Downtown Brooklyn

436 Albee Square

28-Story, 150-Unit Mixed-Use Building Gets Façade At 436 Albee Square, Downtown Brooklyn

Since YIMBY’s previous update in May, the 28-story, 150-unit mixed-use tower under development at 436 Albee Square, in Downtown Brooklyn, has topped out and begun façade installation. The latest photo of the project was posted to the YIMBY Forums by construction photographer Tectonic. The most recent building permits indicate the structure measures 155,100 square feet and stands 310 feet above street level. There will be 23,740 square feet of retail space across the cellar through third floors. The residential units above should average 793 square feet apiece, indicative of rental apartments. Yoel Schwimmer is the developer and ODA New York is behind the design. Completion is expected in 2017.

420 Albee Square, rendering by KPF

New Details Revealed of Planned 500,000-Square-Foot Office Tower at 420 Albee Square, Downtown Brooklyn

YIMBY revealed preliminary renderings of a planned office building at 420 Albee Square, in Downtown Brooklyn, when the New York City Economic Development Corporation announced the project back in November of 2015. Now, new details are emerging. Dubbed One Willoughby Square, it will measure roughly 500,000 square feet. Kohn Pedersen Fox is responsible for the design, although the final vision is still to be determined, the Wall Street Journal reported. It’s unclear how many floors there will be or how high the building will rise since new building applications have yet to be filed. The developers, JEMB Realty and Forest City Ratner Companies, are currently seeking an anchor tenant. Construction is expected to begin in 2017. The 22,840-square-foot site is currently vacant.

211 Schermerhorn Street

Developer Closes on Site of Planned 14-Story, 47-Unit Mixed-Use Project at 211 Schermerhorn Street, Downtown Brooklyn

About a year ago, Chelsea-based GPB Capital Holdings entered into contract to acquire the development site at 211-215 Schermerhorn Street, in Downtown Brooklyn. Now, the entity has finally closed on the purchase for $30 million, Commercial Observer reported. The developer plans to build a 14-story, 47-unit mixed-use building at the site, as reported by YIMBY when filings were submitted earlier this year. The latest permits indicate the project will encompass 93,184 square feet. There will be 5,372 square feet of retail space across the ground and cellar levels, followed by residential units above. The units will be condominiums, averaging 1,464 square feet apiece. Morris Adjmi Architects is the architect of record. The 7,556-square-foot assemblage is currently vacant.

120 Nassau Street

33-Story, 270-Unit Mixed-Use Building Reaches Seventh Floor at 120 Nassau Street, Downtown Brooklyn

Since it was entirely below-grade back in January, construction is now up to the seventh floor on the 33-story, 270-unit mixed-use building planned at 120 Nassau Street (a.k.a. 199 Jay Street), in Downtown Brooklyn. The latest photo is courtesy of Tectonic, who posted it to the Forums. The latest building permits indicate a 313,093-square-foot, 425-foot-tall structure is in the works. It will include retail space on the ground floor, office space on parts of the second through eighth floors, and residential units across the rest of the second through eighth floors, as well as the 10th through 32nd floors. The units should average 854 square feet apiece, indicative of rental apartments. A slew of amenities will accommodate the apartments. The Clarett Group is the developer and Woods Bagot is behind the architecture. Completion can probably be expected in 2017 or 2018.