Downtown Brooklyn

It's no surprise that the supertall savants at Extell--who are currently constructing the 1,550-foot Central Park Tower as the world's tallest residential building--used their first foray into Brooklyn to smash yet another sky-high record. The Post reports that the developer's City Point tower, dubbed Brooklyn Point, will boast the highest rooftop pool in the entire city. Sitting at the top of the 720-foot luxury condo at 138 Willoughby Street, it will be a 27-foot-long saltwater infinity pool, complete with a full lounge area, a stargazing observatory, and space for outdoor movie screenings.
More details and views ahead

Whole Foods Market’s first 365 store on the East Coast opens in Fort Greene

Rendering of entrance via Two Trees Management

January 31, 2018

Whole Foods Market’s first 365 store on the East Coast opens in Fort Greene

Whole Foods Market 365 opened its first East Coast location in Fort Greene on Wednesday, further cementing Downtown Brooklyn as a burgeoning commercial hub. The 30,000-square-foot store is located in Two Trees' 300 Ashland Place, a mixed-use development with 379 amenity-rich rentals above it. As the seventh 365 location in the country, the lower-priced grocery store will offer high-quality products free of artificial flavors, sweeteners and preservatives.
Get the details

New Developments

New rendering shows how Pacific Park is changing Brooklyn’s skyline; tallest tower on the way

Rendering by VUW Studios via L&L MAG.

January 16, 2018

New rendering shows how Pacific Park is changing Brooklyn’s skyline; tallest tower on the way

Though Brooklyn's Pacific Park mega-development hasn't been in the news much lately, the site of headline-stealing Barclays Center and the world's tallest modular tower hasn't slowed its advancing impact on the borough's skyline. A new rendering courtesy of New York Yimby shows the full build-out of the project, including the addition of what could be one of Brooklyn's tallest towers. According to the rendering, the site's crowning skyscraper would be borough's tallest tower–if only on paper, and temporarily.
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January 5, 2018

New renderings unveiled of John Catsimatidis’ 32-story Downtown Brooklyn rental ‘The Eagle’

Leasing has officially commenced at 86 Fleet Place, the final residential tower of John Catsimatidis' four-building development along Myrtle Avene, a site the billionaire first purchased from Long Island University in 1982. Dubbed by Catsimatidis' Red Apple Group as "The Eagle," the 32-story 440-unit building sits in between Downtown Brooklyn and Fort Greene and offers studios for $2,044/month, one-bedrooms for $2,743/month and two-bedrooms starting at $4,050/month. As CityRealty learned, residences will feature floor-to-ceiling windows, custom oak cabinets and Brazilian stone countertops.
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December 18, 2017

Extell’s first outer-borough skyscraper, Brooklyn Point, gets new renderings

In October, Extell Development released a website with details about their luxury high-rise planned for Downtown Brooklyn. Two months later, they've released additional renderings of 138 Willougby, their first outer-borough tower. As YIMBY learned, the 720-foot skyscraper called Brooklyn Point, temporarily the tallest in Brooklyn, will have 458 condominiums designed by Katherine Newman that focus on blending "Brooklyn industrial chic” with a “refined mid-century aesthetic."
Get a first look inside

Brooklyn Point, Extell Development’s first tower in the borough, will rise 720 feet

New rendering of City Point courtesy of Extell Development

October 12, 2017

Brooklyn Point, Extell Development’s first tower in the borough, will rise 720 feet

Extell Development released a teaser website on Thursday ahead of its sales launch for Brooklyn Point, the group’s first tower in Brooklyn, and revealed more details about the luxury high-rise. Rising 68 stories and 720 feet high, the tower at 138 Willoughby Street will be the tallest building in the borough until 9 DeKalb Avenue rises, which will be roughly 1,000 feet tall. As the last phase of City Point, Brooklyn Point will join two other residential buildings, the Brodsky Organization’s 7 DeKalb and City Tower.
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October 11, 2017

The Hub, Brooklyn’s tallest building, unveils even more awesome amenities

In addition to being Brooklyn’s tallest tower, the Hub might also take the title for having the borough's best amenities. The Dattner Architects-designed 610-foot tall luxury rental at 333 Schermerhorn Street in Boerum Hill will feature a 75-foot indoor/outdoor lap pool, a gym, outdoor fitness level, a dog park and much more (h/t Curbed NY). The more than 40,000 square feet of amenities will provide residents with grilling cabanas, a landscaped terrace, club lounge and party rooms.
See the amenities

Architecture And Design

Live a block away from Fort Greene’s DeKalb Market Hall for just $867/month

Via DeKalb Market Hall

September 22, 2017

Live a block away from Fort Greene’s DeKalb Market Hall for just $867/month

With apartments ranging from $867/month studios to $1,123/month two-bedrooms, you might have some cash leftover to splurge on a Katz's pastrami sandwich, frozen key lime pie, or smoked rack of ribs at Brooklyn's largest food hall, DeKalb Market, just around the corner. You'll also be just two blocks from all the action at 9 DeKalb Avenue, the borough's future tallest tower. These 22 brand new residences at 237 Duffield Street, a 105-unit building designed by Karl Fischer, come online Tuesday through the city's affordable housing lottery and are reserved for New Yorkers earning 60 percent of the area median income.
Find out if you qualify

Affordable Housing

Lottery opens for 74 affordable units at new Downtown Brooklyn rental, from $947/month

Image via Handel Architects

August 31, 2017

Lottery opens for 74 affordable units at new Downtown Brooklyn rental, from $947/month

At the beginning of the year, Downtown Brooklyn's new 26-story rental tower at 210 Livingston Street, best known for having its own subway entrance, topped out, and it's now accepting applications for the 20 percent of units reserved as affordable housing. These 74 brand-new apartments are set aside for those earning 60 percent of the area median income and range from $947/month studios to $1,230/month two-bedrooms. In addition to the super-convenient location, all tenants will have access to an impressive suite of amenities (though many will require an additional fee), including a courtyard, 15th-floor landscaped terrace, roof deck with grills and a sun deck, lounge, game room, business center, laundry room, fitness center, and an underground parking garage.
Find out if you qualify

Affordable Housing

108 affordable apartments up for grabs in Downtown Brooklyn’s 33 Bond Street, from $613/month

Rendering via TF Cornerstone

August 17, 2017

108 affordable apartments up for grabs in Downtown Brooklyn’s 33 Bond Street, from $613/month

Applications are currently being accepted for the second phase of affordable apartments at 33 Bond Street, a building nestled among the bustling neighborhoods of Downtown Brooklyn, Boerum Hill and Cobble Hill. The 25-story building sits just one or two blocks from all major subway lines and is within walking distance to Fort Greene Park and the Barclays Center. New Yorkers earning 40 and 120 percent of the area median income can apply for units ranging from a $613 per month studio to a $2,519 per month two-bedroom.
Find out if you qualify

Affordable Housing

May 23, 2017

For $1.25M, this Downtown Brooklyn loft may need some layout changes

With two exposures, 11-foot ceilings and walls of windows, this 1,100-square-foot two-bedroom loft condo in the Toy Factory Lofts at 176 Johnson Street has its heart in the right place–even if its bathroom isn't. The historic 1926 building–once the home of Tudor Metal Products and birthplace of many mid-20th-century toys–lends itself to authentic loft living in ever-changing Downtown Brooklyn. A modern renovation makes loft living easy–with a possible exception or two–and the $1.25 million ask comes with low carrying costs.
About that bathroom

Distinctive Homes

May 15, 2017

For $935K this Boerum Hill co-op is both Downtown loft and Zen retreat

In a classic pre-war loft building at 96 Schermerhorn Street known as Boerum Court, where Boerum Hill meets Downtown Brooklyn, this solidly-built co-op offers a flexible loft layout and the high ceilings and proportions to match. Custom additions have transformed the space into a unique home with Japanese-inspired details and modern conveniences. The apartment currently offers one bedroom and a home office but could easily gain a second bedroom.
Take the tour

Distinctive Homes

April 5, 2017

Plans revealed for new creative office hub above revamped Downtown Brooklyn Macy’s

Tishman Speyer has released plans for the 422 Fulton Street Macy's renovation that will turn a new 10-story space above the department store into a 620,000 square foot creative office hub called The Wheeler. Reflecting a recent trend in snazzy work spaces that attract TAMI (technology, advertising, media and information) clients, the space will comprise "620,000 square feet of opportunity in the center of downtown Brooklyn," according to the developer. On offer will be the largest floor plates in Brooklyn with 15+ foot ceilings that "leave plenty of room for huge ideas," and a sprawling rooftop terrace, part of an acre of outdoor space that "provides fresh air for fresher thinking." There will also be 130 subterranean bike stations with lockers and showers for workers who bike to work.
Find out more

Massive high-rise complex with 900 apartments, retail, offices and schools coming to Downtown Brooklyn

View south down Flatbush Avenue

April 4, 2017

Massive high-rise complex with 900 apartments, retail, offices and schools coming to Downtown Brooklyn

Alloy Development announced plans to build a pair of towers at 80 Flatbush Avenue, a 61,000-square-foot parcel of land between Flatbush Avenue, Schermerhorn Street, Third Avenue and State Street. The developer–who, with the Department of Education, owns the land–has been selected by the city’s Educational Construction Fund to build the mixed-use complex as part of the redevelopment of the Khalil Gibran International Academy, which will move into one of the two new school buildings that will be part of the project. The second of the two will be a 350-seat elementary school. The project will also offer 900 apartments (200 of which will be affordable), a 15,000-square-foot cultural facility, 200,000 square feet of office space and 40,000 square feet of retail space.
Find out more about what's coming to the neighborhood

February 13, 2017

143 chances to live in Downtown Brooklyn from $897/month, lottery open at 33 Bond Street

A new 25-story rental building in booming Downtown Brooklyn is nearing completion at 33 Bond Street, just a block or two away from almost every subway line and a few blocks from BAM. Developer TF Cornerstone paid $70 million for the site, a former parking garage, in early 2014, partnering with Handel Architects on the rather standard, bulky, glassy design. In total, there will be 714 apartments, 143 of which have been set aside as affordable. These below-market rate units are now up for grabs through the city's affordable housing lottery and range from $897/month studios to $1,166/two-bedrooms for households earning 60 percent of the area median income.
Find out if you qualify

Affordable Housing

January 26, 2017

NYU announces $500M expansion of Downtown Brooklyn tech campus

In 2012, NYU signed a 99-year lease for the Downtown Brooklyn building at 370 Jay Street, a former MTA headquarters. Two years later, the University opened its Tandon School of Engineering in the neighborhood, and now that 5,212 students are enrolled, NYU is moving ahead with a $500 million renovation, restoration, and expansion of the Jay Street building, adding 500,000 square feet of space for areas of study such as computer coding, video game design, and digital forensics. The Daily News first shared the news, and they report that the new facility will open this coming summer, in time to welcome students for the Fall semester.
More views and details

New Developments

Rendering of 86 Fleet Place via Goldstein, Hill & West (L); Construction as of October 2016, via CityRealty

January 26, 2017

Live in John Catsimatidis’ curvy Downtown Brooklyn rental tower from $833/month

Way back in 1982, the CEO and owner of Red Apple Group, John Catsimatidis (you may know him better as the billionaire owner of Gristedes or for his failed Republican run in the last mayoral election) paid $500,000 for a 2.5-acre, four-block site in Downtown Brooklyn, on the western edge of Fort Greene. Thirty-five years later, construction is wrapping up on the final, and by far the tallest, of the four-tower development. The curving glass building at 86 Fleet Place was designed by Goldstein, Hill & West and will rise 32 stories/350 feet and house 440 rentals, 29 of which are set aside as affordable and have just come online through the city's affordable housing lottery. They range from $833/month studios to $1,247/month three-bedrooms and are available for those earning 45 to 60 percent of the area media income.
Find out if you qualify here

January 20, 2017

Whole Foods will open a lower-priced ‘365’ store in Downtown Brooklyn

By Diane Pham

Downtown Brooklyn is quickly becoming one of NYC's most desirable commercial hubs. On top of hosting a lengthy roster of big name retailers and entertainment centers—which include a new Target, Trader Joe's, Century 21, Apple store, Alamo Drafthouse cinema, and Barclays Center—the neighborhood will also welcome a brand new, lower-priced Whole Foods concept store called "365." According to a press release, the store will open in early 2018 at Two Trees' 300 Ashland Place, and be set up as a no-frills version of the grocery giant.
more details this way

Uncategorized

January 11, 2017

Iconic ‘Miss Manhattan’ and ‘Miss Brooklyn’ statues return to the Manhattan Bridge

“Miss Manhattan” by Daniel Chester French. It was originally alongside the Manhattan Bridge, but was moved to the entrance of the Brooklyn Museum. Courtesy of the Brooklyn Museum. In the early 1900s, renowned sculptor Daniel Chester French was asked to create "two allegorical figures," a Miss Manhattan and a Miss Brooklyn, to stand at the Brooklyn entrance to the Manhattan Bridge. The granite women were removed, however, in the 1960s when Robert Moses decided to move them. They were then relocated to their current home at the Brooklyn Museum's entrance, but after a 10-year, $450,000 project, a resin replica of the original has returned to the bridge. As the Times tells us, sculptor and installation artist Brian Tolle (he's also responsible for the Irish Hunger Memorial) designed the new version to glow at night with interior LED lights and rotate "on two lamppost-like arms."
See the ladies in action

Events & Things To Do

December 15, 2016

Are concessions and a high vacancy rate a sign the rental bubble will burst?

In the past year or so, there has been no shortage of talk about inventory glut, flat rental prices and bursting bubbles; Now, Slate blogger Henry Grabar has rustled up some numbers and real-life examples to go with the chatter, and we're guessing they weren't too hard to find. According to Grabar, a vacancy rate at its highest since 2009 (with a staggering amount of inventory in the pipeline), and the percentage of rental price chops at a record 42 percent in October point to an impending renter's market of comparatively epic proportions.
More on the horizon, literally

Real Estate Trends

New renderings from Albo Liberis offer up two visions for Brooklyn’s next skyscraping office tower

Rendering of 625 Fulton Street; image: Albo Liberis /Genesis Studios

December 14, 2016

New renderings from Albo Liberis offer up two visions for Brooklyn’s next skyscraping office tower

As the future Brooklyn skyline takes shape, one of the borough's largest office towers-to-be, a 36-story commercial skyscraper, is slated to rise at 625 Fulton Street in Downtown Brooklyn. Brooklyn-based Rabsky Group purchased the lot for $158 million and, as The Real Deal reports, plans are in the works to create 700,000 square feet of leasable space, for which the developer is in talks with City Planning to take advantage of a plaza bonus. Albo Liberis (see Williamsburg's William Vale Hotel) has been commissioned as the architect, and while no design has been officially revealed or finalized by Rabsky, the firm's site does offer up some insight into what is being considered for the game-changing tower.
Check out the renderings

November 15, 2016

See new photos inside the world’s tallest modular tower; leasing kicks off at 461 Dean

By Diane Pham

It's been a long an tumultuous journey for 461 Dean, also know as the B2 tower, and better known as the world's tallest prefab tower. The fire-engine-red stacked building has seen numerous delays in the last four years thanks to lawsuits, leaks, and alignment issues. Its developer Forest City Ratner even opted to exit the modular business last month—although that's not to say that the technology developed is any less valuable (more on that ahead). But now that celebratory champagne bottle can finally be popped, as this afternoon the developer held a grand opening ceremony to kick off the official start of leasing.
more details here

November 3, 2016

Apple will open second Brooklyn store at 300 Ashland Place

Apple opened its first Brooklyn store on Bedford Avenue in Williamsburg over the summer, which many felt was the final nail in the coffin of the neighborhood's gentrification. The company has now set their sites on another rapidly developing part of the borough, as The Real Deal reports they've inked a 10-year deal for a 12,000-square-foot space in the ground floor Two Trees Management's 300 Ashland Place in Downtown Brooklyn's BAM Cultural District. It was an off-market deal, so there's no asking rent, but sources say the going price for the 32-story rental tower's retail space is $150 per square foot.
More details ahead

New Developments

October 31, 2016

Interior and amenity renderings revealed for Hub, Brooklyn’s tallest tower

For now, Downtown Brooklyn's Hub holds the title of tallest building in Brooklyn. Topping off at 610 feet, the Dattner Architects-designed, Douglas Steiner-developed slab tower at 333 Schermerhorn Street will offer 740 apartments, 150 of which became available through the city's affordable housing lottery earlier this month. But aside from its height and number of units, the 55-story building has been turning heads for its list of amenities--a landscaped outdoor terrace with sun deck, 75-foot pool, fitness center with yoga studio, dog run, grilling terrace, indoor and outdoor movie screens, children’s playroom, and bike storage for every unit. And Curbed has gotten its hands on the first set of renderings that show these swanky offerings, along with views of the apartments and news that leasing for the market-rate units will begin in January.
More details and renderings

Live in Brooklyn’s tallest tower for $833/month, lottery launching for 150 units at 333 Schermerhorn

Rendering of The Hub via Dattner Architects (L); Construction shot as of December 2015 via Tectonic (R)

October 13, 2016

Live in Brooklyn’s tallest tower for $833/month, lottery launching for 150 units at 333 Schermerhorn

At 610 feet, Douglas Steiner's 333 Schermerhorn Street in Downtown Brooklyn currently holds the title of tallest building in Brooklyn. Though it'll be surpassed by forthcoming supertalls like JDS' 9 DeKalb Avenue, the first 1,000+ foot tower in the borough, and the 700-foot 205 Montague Street, the 53-story slab apartment tower known as The Hub will certainly remain a much-sought-after address, especially considering its wealth of amenities and proximity to the BAM Cultural District. Of its 740 apartments, 150 are reserved for New Yorkers earning less than 60 percent of the area media income, and as of tomorrow the lottery is open for these units, which range from $833/month studios to $1,082/month two-bedrooms.
Find out if you qualify

Affordable Housing

Developer of the world’s tallest prefab tower in Brooklyn is exiting the modular business

Image via Field Condition

October 6, 2016

Developer of the world’s tallest prefab tower in Brooklyn is exiting the modular business