Downtown Brooklyn

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

8:00 am on April 29, 2019 By Michael Young

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.

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

8:00 am on April 25, 2019 By Michael Young

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.

Construction Finishes on 1 Flatbush Avenue in Downtown Brooklyn

8:00 am on April 20, 2019 By Michael Young

Construction has finished on 1 Flatbush Avenue in Downtown Brooklyn. Located at the crossroads of Flatbush Avenue and Fulton Street, the 210-foot-tall building was designed by Hill West Architects and developed by Slate Property Group and Meadow Partners, with Whitehall Interiors responsible for the interior design.

Excavation Begins For One Boerum Place, in Downtown Brooklyn

8:00 am on April 19, 2019 By Michael Young

Excavation has begun for One Boerum Place in Downtown Brooklyn. The upcoming ground-up, mixed-use condominium tower will rise 21 stories on a narrow, triangular-shaped plot of land. The site is bound by Boerum Place, Red Hook Lane, and Fulton Street. SLCE Architects is the designer while Avery Hall Investments, Allegra Holdings, and Aria Development Group are the developers. The joint venture team was recently able to acquire a $165 million construction loan from Jutland Finance. The total cost of One Boerum Place is expected to be around $250 million.

YIMBY Tours the Amberly’s Penthouse Lounge at 120 Nassau Street in Downtown Brooklyn

8:00 am on April 12, 2019 By Michael Young

YIMBY recently toured The Overlook, the top-floor, double-height penthouse lounge at The Amberly in Downtown Brooklyn. Also known by its address, 120 Nassau Street, the newly completed, 33-story rental building is designed by Woods Bagot Architects and developed by AmTrust Realty, with interiors by BHDM Design.

219 Jay Street Stands Topped Out in Downtown Brooklyn

7:30 am on June 8, 2023 By Michael Young and Matt Pruznick

Construction has topped out on 219 Jay Street, a 13-story residential building in Downtown Brooklyn. Designed by Kane Architecture and Urban Design and developed by Tankhouse Development, the 130-foot-tall structure will yield 27 condominium units spread across 54,118 square feet, for an average scope of 1,340 square feet. KSK Construction Group is the general contractor and 219 JSP LLC is the owner of the property, which is alternately addressed as 9 Chapel Street and bound by Concord Street to the north, Chapel Street to the south, and Jay Street to the west.

625 Fulton Street Reaches The Halfway Mark in Downtown Brooklyn

8:00 am on June 6, 2023 By Michael Young and Matt Pruznick

Construction has reached the halfway mark on 625 Fulton Street, a 35-story mixed-use tower 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 500-foot-tall structure will yield 1,098 residential units, 26,000 square feet of retail space, and an on-site parking garage for 250 vehicles. Galaxy Developers is the general contractor for the property, which 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.

Façade Installation Progresses on 15 Hanover Place in Downtown Brooklyn

7:30 am on June 6, 2023 By Michael Young and Matt Pruznick

Façade installation is progressing on 15 Hanover Place, a 34-story residential tower currently rising in Downtown Brooklyn. Designed by Fogarty Finger and developed by Lonicera Partners, for which Cushman & Wakefield arranged $134 million in construction financing from Santander and City National Bank, the 463-foot-tall structure will span 70,734 square feet and yield 314 apartments with 95 reserved for affordable housing, as well as 9,000 square feet of ground-floor retail space in the podium. Noble Construction Group is the general contractor for the property, which was formerly addressed as 23 Hanover Place and located at the corner of Livingston Street and Hanover Place.

New Construction Permits Filed for 52-Story Skyscraper at 589 Fulton Street in Downtown Brooklyn

7:00 am on March 18, 2023 By Vanessa Londono

Full permits have been filed for a 52-story mixed-use skyscraper at 589 Fulton Street in Downtown Brooklyn. Bound by Fulton Street, DeKalb Avenue, and Flatbush Avenue, the lot is steps from the Dekalb Avenue subway station, serviced by the B, Q and R trains. The Witkoff Group is listed as the owner behind the applications.

Housing Lottery Waitlist Launches for 260 Gold Street in Downtown Brooklyn

7:00 am on February 9, 2023 By Vanessa Londono

The affordable housing lottery waitlist has launched for 260 Gold Street, a 13-story residential building in Downtown Brooklyn. Designed by J. Frankl Architects and developed by Bruman Realty, the structure yields 286 residences. Available on NYC Housing Connect are 86 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $76,835 to $215,150.

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Downtown Brooklyn

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