Downtown Brooklyn

570 Fulton Street

Renderings Revealed for 40-Story Tower at 570 Fulton Street, Downtown Brooklyn

Two weeks ago, YIMBY reported on plans to build a 40-story mixed-use tower on the wedge-shaped 570 Fulton Street lot in Downtown Brooklyn. Renderings have now surfaced of the proposal, and though they are low in quality, they still reveal quite a lot about the project. The proposition would be a good step forward for Brooklyn’s densification, and the new office space will help ameliorate the Borough’s residential imbalance.

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JEMB Secures $235 Million Construction Loan for One Willoughby Square in Downtown Brooklyn

In the heart of downtown Brooklyn, just off of Flatbush Avenue and adjacent to the City Point complex, One Willoughby Square, also known as 1WSQ or 420 Albee Square, is now on track to become the tallest Class A office tower in Brooklyn. A $235 million construction loan has now been approved and secured from Otera Capital, a Canadian real estate lending company. JEMB is the developer of the upcoming office project.

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