Brooklyn

Brooklyn Community Board 1 Votes In Support Of Monitor Point Development At 40-56 Quay Street In Greenpoint, Brooklyn

Brooklyn Community Board 1 has voted to support the proposed Monitor Point development at 40–56 Quay Street in Greenpoint, Brooklyn. Designed by FXCollaborative and developed by The Gotham Organization, the three-tower project will rise 600, 450, and 230 feet and deliver 1,150 residential units along the Bushwick Inlet waterfront. The board voted 24–9 in favor of the proposal, marking the first local government body to formally back the project as it advances through the city’s land use review process.

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The new Canarsie Library. Rendering courtesy of Studio Joseph.

New Canarsie Library Breaks Ground at 1580 Rockaway Parkway in Canarsie, Brooklyn

Work is underway on the new two-story Canarsie Library at 1580 Rockaway Parkway in Canarsie, Brooklyn. Developed by the Brooklyn Public Library and designed in a collaboration between Studio Joseph, Envoie Projects, Mercer Mass Timber, Plus Group, TYLin, and W Architecture, the structure will span 11,000 square feet, double the size of the previous facility. The building will also be one of New York City’s first buildings constructed from mass timber. Shawmut Design and Construction is serving as the general contractor for the project, which broke ground last Saturday at the property, and is located at the corner of Rockaway Parkway and Avenue J.

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Financing Secured For Five-Building Portfolio In Williamsburg And Brooklyn Heights

Edifice Partners LLC has secured $19 million in financing for the Edifice Portfolio, a group of five renovated multifamily properties located in Brooklyn. The Edifice Portfolio consists of 42 residential units spread across five pre-war buildings at 431–433 Wythe Avenue and 313 South 4th Street in Williamsburg, and 19–21 Columbia Place in Brooklyn Heights. JLL Capital Markets arranged the financing from City National Bank.

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