The Feil Organization purchased the three-story, 28,000 square-foot office building at 356 Fulton Street, in Downtown Brooklyn, for $43 million just before New Year’s. The Midtown-based developer has not disclosed plans for the site, though it could accommodate a new mixed-use building with 87,000 and 104,000 square feet of residential and commercial space, respectively. The property was acquired from and was occupied by Capital One, according to The Real Deal.
Back in 2014, YIMBY reported on applications for a 25-story, 368-unit mixed-use building at 210 Livingston Street, in Downtown Brooklyn, and then this past October, developers Benenson Capital Partners and Rose Associates were working to land $158 million in construction loans. Real Estate Weekly reports the loan has closed, and in addition, has revealed the rendering for the project, which is being designed by Handel Architects. Seventy-four of the apartment units will be rented below market-rate, and nearly 20,000 square feet of retail space is planned on the ground and cellar levels. An 11-story office building was demolished back in 2014, and now that construction is imminent, completion is expected in late 2017.
Over the summer, Extell Development struck a deal to lease City Point’s phase three development site, located on the northern end of the block at 138 Willoughby Street, in Downtown Brooklyn. Yesterday, SLCE Architects pre-filed for Extell’s planned tower, which will rise 57 stories above street level. The documents are not complete, but the initial filing reveals that the project will include both residential and commercial space, as expected. The deal requires the developer to build a four-story, 65,000 square-foot retail base. The tower will rise 692 feet in height, although it’s not clear if that figure includes any structural rooftop elements. The planned residential units should number in the hundreds, and that will be among the details clarified when SLCE completes the new building applications.
YIMBY last checked in on 333 Schermerhorn Street, in Downtown Brooklyn, back in September, and since then the structure has grown rapidly, the Brooklyn Daily Eagle reports. The 56-story, 750-unit mixed-use tower is only weeks from topping out, with just five floors to go, and façade work can also be seen wrapping around the lower portion of the skyscraper. Upon completion, it will be (temporarily) the tallest building in Brooklyn, standing 610 feet above street level. Of the residential units, 150 of them will be set aside as affordable housing and 34,823 square feet of retail space is planned. Douglas Steiner is developing, Dattner Architects is designing, and move-ins are expected in mid-2016.
Earlier this year, Curbed posted renderings of a proposal to renovate and reposition Downtown Brooklyn’s parks and public spaces, dubbed the Brooklyn Strand. And this week, Brooklyn Borough President Eric Adams revealed parts of the project, which includes renovating the long-vacant, 27,600 square-foot Brooklyn War Memorial in Cadman Park Plaza. The plan also features a landscaped platform over the Brooklyn Bridge’s off-ramps to the park’s northern end. The Downtown Brooklyn Partnership and the Cadman Park Conservancy are involved, and WXY Architecture is designing.