In September of 2015, the Empire State Development Corp. began the eminent domain process to acquire 590 Atlantic Avenue, located across from Atlantic Terminal and Barclays Center in Downtown Brooklyn, as part of the Pacific Park mega-development. A partnership between Forest City Ratner and Greenland Holdings would develop the property, currently home to two low-rise retail buildings. Right now, the site boasts 440,000 square feet of development rights, but the developers are proposing the idea to transfer 1.1 million square feet of air rights in order to build a 1.5-million-square-foot office building. According to Crain’s, the air rights transfer would have to be approved by a state review process via the Empire State Development Corp. The air rights transfer would preserve public plaza space.
It was in July of 2014 that YIMBY brought you word of plans for the site of an office building at 199 Jay Street, at the corner of the small section of Nassau Street before the Manhattan Bridge ramps, in Downtown Brooklyn. A month later, we showed you a rendering of the project. Since then the existing building was demolished. Other than that, however, the project has barely pierced the ground, as seen in photos sent to us by our friend Tectonic, and it has a long way to go before it achieves its 33-story design.
Last month, YIMBY reported on pre-filings for Extell Development’s 57-story mixed-use tower planned at 138 Willoughby Street, in Downtown Brooklyn. The building would be City Point’s third and final phase, and now the Brooklyn Paper has the first look at the 692-foot-tall tower. The building will have a four-story, 65,000-square-foot retail base topped by 500 residential units. A decision has not been made for whether the units will be rentals or condominiums, but the developer is reportedly “leaning towards condos.” Kohn Pedersen Fox is the design architect, while SLCE Architects is serving as the architect of record. Construction is currently slated to begin next year, with completion expected in 2019.
It was back in May of 2015 that YIMBY brought you a new rendering of the 21-story mixed-use development at the corner of Schermerhorn and Nevins streets in Downtown Brooklyn. Now, thanks to photos sent to us by our friend Tectonic, we can report that 319 Schermerhorn Street’s construction has nearly reached the half way mark.
JDS Development is already building a 1,400-foot-tall skyscraper at 111 West 57th Street, and now they’re getting ready to erect a rival supertall at 340 Flatbush Avenue Extension in Downtown Brooklyn. The latest set of permits show that the building will top out at 1,066 feet, beating any other tower planned or under construction in the borough.