At the corner of West and India Streets in Greenpoint, two starkly different residential developments are about to rise. On the western side of the block, along the East River, two developers have demolished an old envelope factory to make way for a 40-story residential tower. And YIMBY has the first look at the much more modest five-story rental building planned for 144 West Street, on the eastern side of the block.
Earlier this week, YIMBY brought you news, via Brownstoner, of the progress on Greenpoint Landing’s first two affordable residential buildings, and now developer Park Tower Group is getting ready to begin on two high-rise rental towers, which closely resemble YIMBY’s partial reveal of the planned towers at 37 and 41 Blue Slip. Brookfield Property Partners, who acquired a majority stake in the two-tower project for $59.7 million, according to Crain’s, will be co-developing, and two buildings — one 30 stories with 365 units, and another 40 stories with 415 units — are planned. Gothamist has the latest renderings, and construction is expected to begin in the first half of 2016. Handel Architects is designing. Greenpoint Landing, a 5,000-unit mega-development in northern Greenpoint, will include a total of 10 or more buildings.
Toward the end of last spring, YIMBY brought you a construction update on the first two affordable housing components for the 5,500-unit Greenpoint Landing megaproject, in northern Greenpoint along the waterfront. At the time, foundation work was underway at 33 Eagle Street, where a seven-story, 98-unit residential building is planned, and now the building appears to have topped out, per Brownstoner.
Earlier this year, YIMBY found an on-site drawing for a new development coming to 44 Kent Street, in Greenpoint. The plans were originally created for Cayuga Capital, but the firm sold the property for $8,750,000 last year to an LLC. Now, we can reveal that Pinny and Moishe Loketch of the Loketch Group are the new developers, and the design has also seen major changes, with Nataliya Donskoy’s ND Architecture and Design taking over the project.
Within the past few months, motorists on the Brooklyn-Queens Expressway and nearby residents witnessed the rise of a tower crane to the east of the Kosciuszko Bridge, followed by two concrete pillars. They are seeing the progress on the east span of the Kosciuszko Bridge Replacement, the city’s first major new bridge since the Verrazano-Narrows opened over half a century ago in 1964.