Westbrook Partners

169 Columbia Heights

Developers Plan 12-Story Rental-To-Condo Conversion At 169 Columbia Heights, Brooklyn Heights

DDG and Westbrook Partners plan to convert the former Standish Hotel building at 169 Columbia Heights, in Brooklyn Heights, into condominium units, according to Crain’s. The team acquired the property from Taurus Investment Holdings for $60 million in the summer of 2015. Taurus had converted the 12-story building into 112 rental apartments last decade. It’s currently dubbed The Standish. It was not disclosed if the number of units will change after the conversion.


550 Washington Street

Renderings Revealed For ULURP Proposal For 550 Washington Street Redevelopment, Hudson Square

Back in October, YIMBY brought you schematics of the proposed redevelopment options of 550 Washington Street, in Hudson Square, and now The Villager has renderings of the ULURP plans, which would include 1,596 residential units; 255,000 square feet of retail; and a 353-key hotel. The residential units would be spread across 1,334,100 square feet of space, and 500 of the units will go towards affordable and supportive housing. The project would also include elevated park space. COOKFOX Architects is behind the design. Westbrook Partners and Atlas Capital Group are developing.


47 Hall Street

New Owners Plan Office Conversion Of Nine-Story Industrial Building At 47 Hall Street, Clinton Hill

RXR Realty and Westbrook Partners are in contract to purchase the nine-story, 700,000 square-foot former industrial building at 47 Hall Street, in northern Clinton Hill, for more than $160 million, Crain’s reports. Parts of the building are currently rented out as art studios and creative offices, but the eventual new owners plan to convert the structure into modern creative offices; renovations include ground-floor reconfigurations and new outdoor terraces. Landlord Ruby Schron and the Fruchthandler family are the current owners.


550 Washington Street

First Look At Options for Redevelopment of 550 Washington Street, Hudson Square

Yesterday, the New York Times reported that 550 Washington Street would soon traverse ULURP as its owners, Westbrook Partners and Atlas Capital Group, want to redevelop the existing building in exchange for air rights from the failing Pier 40, which would also be saved. And now YIMBY has the first look at massing diagrams of the proposed plans, which reflect both the as-of-right redevelopment option, as well as what the site would look like if the ULURP application is approved.

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550 Washington Street

Developer Buys Out Large Stake In 550 Washington Street, Hudson Square

In May of 2014, YIMBY brought you renderings of TEN Arquitectos’ conceptual plans for the St. Johns Terminal building at 550 Washington Street, in Hudson Square. At the time, multiple owners complicated the redevelopment of the 1.1-million square-foot structure, which has 280,000 square feet of air rights, but now Westbrook Partners has bought out Fortress Investment Group’s ownership stake for more than $200 million, according to Crain’s. Atlas Capital Group, who tried to acquire additional air rights from Pier 40 last year, will retain their minority stake. Plans include a new residential tower, which may be built ground-up or as a conversion/expansion, but city approval is required before construction can begin.


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