Fortis Property Group has launched sales for 5 River Park, the first property to arrive on the heels of the billion-dollar River Park redevelopment plan in Cobble Hill, Brooklyn. The new property offers 25 condominiums ranging in size from one to four bedrooms.
Permits have been filed for a seven-story mixed-use structure at 350 Hicks Street, at the far northern corner of Cobble Hill, Brooklyn. The site is ten blocks away from the Borough Hall Subway Station, serviced by the 2, 3, 4 5 trains. Bergen Street is eleven blocks away, serviced by the F and G trains. Fortis Property Group will be responsible for the development.
A new rendering has been revealed for the highly-anticipated Long Island College Hospital redevelopment, dubbed River Park. The final tower for the project, 5 River Park, located at 347 Henry Street, is slated to be a fully residential building. The structure will rise 15 stories and offer up 91,000 square feet of space. The lot is part of the larger project being developed by Fortis Property Group, and will spread across the Cobble Hill neighborhood of Brooklyn.
Construction has topped out on the four-story, eight-unit mixed-use building under development at 325 Henry Street, also known as 112 Atlantic Avenue, located in Cobble Hill. All eight of the project’s condominiums are also sold out, the Brooklyn Daily Eagle reported. The latest building permits indicate the structure encompasses 25,244 square feet and rises 50 feet to its roof, not including bulkhead elements.
In 2015, Fortis Property Group laid out plans to redevelop the Long Island College Hospital property, located on several blocks in Cobble Hill. One proposal was for as-of-right development, while the other required an individual rezoning, approved through the city’s Uniform Land Use Review Procedure (ULURP). The developer has decided to move forward with the as-of-right plan, which will not include any affordable residential units, Politico reported.