Brooklyn


Funding Secured for Brooklyn’s First Supertall, at 9 DeKalb Avenue

Developer JDS has secured $664 million in funding for the construction of 9 DeKalb Avenue in Downtown Brooklyn. The future residential skyscraper will soon rise 1,066 feet and become the tallest structure in Brooklyn, as well as the first tower in the outer boroughs to pass the 300-meter “supertall” threshold. The loan is coming from Otéra Capital Inc. and Silverstein Capital Partners. SHoP Architects is designing the building, which is located at the corner of DeKalb Avenue and Fleet Street, and sits across the street from the City Point complex. The development is expected to contain 425 rental apartments and 150 condominiums.

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Brick Facade Progressing at 138 North 10th Street in Williamsburg

Construction has topped out and façade work is underway at 138 North 10th Street, a six-story warehouse-inspired condominium complex in Williamsburg, Brooklyn. The project is being designed by Morris Adjmi Architects and developed by Eli Hamway and Michael Shamah of Eastern Capital Group. The structure will contain nine loft homes with two- and three-bedroom units, as well as two lower triplexes. Halstead Property Development Marketing’s The Aguayo Team is marketing and handling sales, with units starting at $1.7 million. The site is located on North 10th Street between Berry Street and Bedford Avenue.

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YIMBY Tours Extell’s Brooklyn Point, the Borough’s Tallest Tower, in Downtown Brooklyn

YIMBY recently went on a hard hat tour of Brooklyn Point, aka 138 Willoughby Street, in Downtown Brooklyn. At 720 feet high and 68 stories, the reinforced concrete skyscraper is currently the tallest tower in all of Brooklyn, as well as the third and final phase of the City Point complex. Kohn Pedersen Fox is the designer of the new building, while SLCE Architects is serving as the architect of record. The rising glass curtain wall is crossing the halfway mark and will soon enclose the entire edifice in a staggered pattern of double-height glass and white-colored rectangular frames. AD 100 designer Katherine Newman is designing interior spaces. The first closings for the studio to three-bedroom units are expected to begin in early 2020, with pricing starting at $850,000. Coveted New York-based developer Extell is working on other massive projects like One Manhattan Square and Central Park Tower, New York’s current tallest skyscraper by roof height and the tallest residential building in the Western Hemisphere.

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