City officials have approved plans submitted by Slate Property Group to construct a new mixed-use skyscraper in Downtown Brooklyn. Located at 570 Fulton Street, the structure is designed by Hill West Architects and will contain a combination of market-rate apartments, affordable housing, and office space.
According to proposals revealed in September 2018, the 550-foot-tall tower will contain 139 units, 30 percent of which will be dedicated to affordable housing. At the office levels, floor plans are designed smaller than typical office buildings in Downtown Brooklyn to specifically accommodate small business owners.
“Slate was proud to work with key stakeholders from NYCHA, the community board, local organizations, and elected officials to ensure 570 Fulton was designed with Brooklynites in mind,” said Slate Property Group co-founder David Schwartz. “The successful approval of 570 Fulton is just another example that working with communities is the best way to help them grow.”
In a statement from Slate Property Group, Schwartz also confirmed that his company will fund an MTA design study valued at $550,000.