Brooklyn

Riseboro Closes on $412.4 Million Financing for Alafia Phase II in East New York, Brooklyn

7:00 am on January 3, 2025 By Vanessa Londono

RiseBoro Community Partnership recently secured $412.4 million in financing for the second phase of Alafia, a mixed-use development with a focus on wellness services in East New York, Brooklyn. To be built in collaboration with L+M Development Partners LLC and Apex Building Group as co-developers, the second phase will bring 634 affordable and supportive units within two 14-story buildings as well as infrastructure improvements, parking, and 22,000 square feet of retail and community facilities.

345 Bergen Street Completes Construction in Boerum Hill, Brooklyn

7:30 am on December 31, 2024 By Michael Young and Matt Pruznick

Construction is complete on 345 Bergen Street, a six-story residential building in Boerum Hill, Brooklyn. Designed by Highrise Group for 345 Bergen Condo LLC, the 12,750-square-foot structure yields six full-floor condominium units in two- and three-bedroom layouts with private outdoor space. The property measures 25 feet wide and is located near the corner of Bergen Street and Fourth Avenue, directly east of a much larger condominium development under construction at 323 Bergen Street.

Housing Lottery Launches for Shepherd Glenmore in East New York, Brooklyn

7:00 am on December 28, 2024 By Vanessa Londono

The affordable housing lottery has launched for Shepherd Glenmore, a seven-story mixed-use building at 365 Shepherd Avenue in Read More

Affordable Housing Lottery Launches for 268 Barbey Street in East New York, Brooklyn

7:30 am on December 27, 2024 By Vanessa Londono

The affordable housing lottery has launched for 268 Barbey Street, a 14-story mixed-use building in Read More

Photograph of 505 State Street in Downtown Brooklyn. Credit: Pavel Bendov

Alloy Development Secures $290 Million for 505 State Street in Downtown Brooklyn

7:00 am on December 23, 2024 By Max Gillespie

Alloy Development recently secured $290 million in permanent financing for 505 State Street, a 44-story all-electric tower in Downtown Brooklyn. Also designed by Alloy, the 482-foot-tall foot tall structure is nearing completion and will yield 441 rental apartments, with 45 designated for affordable housing. The Flatironesque building is located at the intersection of State Street and Flatbush Avenue.

1110 Manhattan Avenue’s Exterior Progresses in Greenpoint, Brooklyn

7:30 am on December 22, 2024 By Michael Young and Matt Pruznick

Construction is progressing on 1110 Manhattan Avenue, a six-story residential building in Greenpoint, Brooklyn. Designed by ARC Architecture + Design Studio and developed by Nadav Ohana under the 1110 Manhattan Group LLC, the structure will yield six condominium units and is located on a narrow 3,750-square foot interior lot between Clay and Dupont Streets.

Permits Filed for 151 Starr Street in Bushwick, Brooklyn

7:00 am on December 20, 2024 By Vanessa Londono

Permits have been filed for a four-story residential building at 151 Starr Street in Bushwick, Brooklyn. Located between Irving Avenue and Knickerbocker Avenue, the lot is two blocks from the Dekalb Avenue subway station, served by the L train. Barak NY Corp. is listed as the owner behind the applications.

98 DeKalb Avenue’s Façade Nears Completion In Fort Greene, Brooklyn

8:00 am on December 18, 2024 By Michael Young and Matt Pruznick

The 14th-tallest building on our year-end construction countdown is 98 Dekalb Avenue, a 610-foot-tall residential skyscraper in Fort Greene, Brooklyn. Designed by SLCE Architects and developed by Rockrose Development, the 49-story structure will span 418,092 square feet and yield 609 residential units and 3,775 square feet of commercial space. The property is alternately addressed as 180 Ashland Place and located at the corner of DeKalb Avenue and Ashland Place.

The Brook’s Exterior Nears Completion at 589 Fulton Street in Downtown Brooklyn

8:00 am on December 17, 2024 By Michael Young and Matt Pruznick

At number 15 on our year-end countdown of the tallest construction projects in New York is The Brook, a 601-foot-tall residential skyscraper at 589 Fulton Street in Downtown Brooklyn. Designed by Beyer Blinder Belle and developed by Witkoff Group and Apollo Global Management, the 51-story structure will span 557,973 square feet and yield 591 rental units with an average scope of 827 square feet, as well as 68,693 square feet of retail space, a cellar level, and two floors of recreational and sports amenities. Thirty percent of the units will be reserved for affordable housing. The property is bound by DeKalb Avenue to the north, Fulton Street to the south, Flatbush Avenue diagonally to the east, and Bond Street to the west.

625 Fulton Street’s Exterior Nears Completion in Downtown Brooklyn

8:00 am on December 14, 2024 By Michael Young

The 18th-tallest building on our year-end construction countdown is 625 Fulton Street, a 500-foot-tall residential skyscraper in Downtown Brooklyn. Designed by Fischer Rasmussen Whitefield Architects and developed by Rabsky Group with $450 million in construction financing from Madison Realty Capital, the 35-story structure will yield 1,098 rental units, 26,000 square feet of lower-level retail space, and an on-site parking garage for 250 vehicles. The property is alternately addressed as 485 Hudson Avenue and bound by the 34-story 80 Dekalb Avenue to the north, Fulton Street to the south, Rockwell Place to the east, and Hudson Avenue to the west.

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