Lonicera Partners and Rabina have revealed preliminary renderings of 55 Willoughby Street, a 38-story residential tower in Downtown Brooklyn. Designed by Colberg Architecture, the structure will span 268,000 square feet and yield 295 apartments, 3,500 square feet of retail space, and more than 12,000 square feet of amenity space for residences.
Construction is nearing topping out on 240 Willoughby Street, a 30-story residential building in Fort Greene, Brooklyn. Designed by Fischer Rasmussen Whitefield Architects and developed by Rabsky Group, which purchased the property for $95 million in 2019, the structure will yield 300 rental units with 147 dedicated to affordable housing. 240 Willoughby LLC is the owner and Galaxy Developers is the general contractor for the project, which directly abuts an existing 21-story apartment building and is bound by Willoughby Street to the north, the Brooklyn Hospital Center to the south, Fort Greene Park to the east, and Ashland Place to the west.
The Yonkers Industrial Development Agency has approved a financial incentives package for Ginsburg Development Companies to complete Ludlow Point, a new, multi-phase rental property. Located at 150 Downing Street near Yonkers‘ waterfront edge, the first phase of development includes a seven-story building with 208 apartments and a 229-vehicle parking garage on two lower levels.
The affordable housing lottery has launched for The Reserve, a 12-story mixed-use building at 212 East 125th Street in East Harlem, Manhattan. Designed by ND Design and Architecture and developed by The Hakimian Organization, the structure yields 45 residences. Available on NYC Housing Connect are 34 for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $53,898 to $187,330.
Exterior work is nearing completion on The Brooklyn Tower, a 1,066-foot residential supertall at 9 DeKalb Avenue in Downtown Brooklyn. Designed by SHoP Architects and developed and built by JDS Development, the 93-story skyscraper is the tallest structure in the outer boroughs and will yield 550 units designed by Gachot Studios with 150 condominiums, 120 affordable rentals, and 280 market-rate rentals, as well as a 100,000-square-foot retail podium incorporated into the landmarked Dime Savings Bank of Brooklyn. Douglas Elliman Development Marketing Group is the marketing, sales, and leasing agent for the residential component, Krista Ninivaggi of Woods Bagot is the amenity designer, and HMWhite is the landscape designer for the property, which is bound by Flatbush Avenue Extension to the northeast, Fleet Street to the northwest, DeKalb Avenue to the south, and the adjoining Dime Savings Bank to the west.
