Brooklyn real estate

Behold the Yacht-Friendly Future of Greenpoint at 53 Huron Street

(Atlantis Arts Studio)

Quadrum Global filed plans this week with the Dept. of Buildings for a 14-story, 150-foot tall residential building at 53 Huron St. (also known as 161 West St.) with 173 units spanning 178,000 square feet.

The development includes 86 enclosed parking spaces and would span 278,000 square feet at West Street between Huron and Green streets. The rendering envisions a yacht-friendly future for the building on the Greenpoint waterfront, which would neighbor the 40-story tower ‘The Greenpoint.”

(Atlantis Arts Studio)

Continue reading

Category: Community, News | Tags: , , , , , | 4 Comments

Greenpoint Named One of the ‘Hottest NYC Neighborhoods for 2019’ by NY Post

Image via NY Post

Greenpoint has received a lot of attention for the many great restaurant openings of 2018, and now the NY Post has identified Greenpoint as one of the ‘hottest NYC neighborhoods for 2019,’ largely due to new waterfront real estate development and the Amazon HQ2 announcement.

Some 42 buildings are under construction in Brooklyn’s northernmost ‘hood, with 1,754 units in progress and even more in the pipeline. The most attention-grabbing addition is 40-story condo tower The Greenpoint, which will be occupied early this year, but Localize.city notes “no fewer than five major developments are underway.”

The first market-rate building of the Greenpoint Landing megaproject, One Blue Slip, started leasing last summer, with rents starting at $2,600 per month for studios (higher than the current neighborhood median of $2,400 for a one-bedroom).

Not to mention Amazon’s HQ2 in Long Island City will be just two stops away on the G train.

“The Greenpoint” waterfront tower.

Continue reading

Category: News | Tags: , , , , | 0 Comments

Affordable Lottery Opens at McGuinness Boulevard Luxury Development

The former Pep Boys that is now home to Otto Greenpoint (Google Maps)

If you are dreaming of living in luxury directly on McGuinness Boulevard surrounded by gas stations in the footprint of a former Pep Boys Auto Shop, then you’re in luck. The city’s affordable housing lottery presents you the opportunity to apply for one of the 60 low and middle-income units at The Otto Greenpoint, a 197 unit “luxury” development at 211 McGuinness Blvd that markets itself as “community-forward.” The lottery is open through March 6.

According to Otto’s website, amenities include “a full time front desk concierge, a community lounge, library and co-working space, a resident’s gaming lounge, a state-of-the-art penthouse fitness center and an expansive rooftop with pool, hot tub, BBQs, lawn areas, outdoor TV and 360-degree views of New York City.”

Otto Greenpoint (Google Maps)

Continue reading

Category: News | Tags: , , , , , , , , , , | 0 Comments

31-Story Tower to Join Greenpoint Landing Waterfront Development

One Blue Slip at Greenpoint Landing (Handel Architects)

The newest addition to the 22-acre Greenpoint Landing waterfront development located at the northwestern corner of Greenpoint, named One Bell Slip, will be a 31-story residential tower according to pre-filings by Brookfield Property Partners with the Dept. of Buildings, The Real Deal reports.

The One Blue Slip tower opened last summer for leasing and at $3,023 per month currently offers the most expensive studio apartments for rent in Greenpoint, according to StreetEasy.

One Blue Slip at Greenpoint Landing (Handel Architects)

The new residential building will have 380,000 square feet and 408 apartments, part of the total 5,500 total apartments planned at Greenpoint Landing which is adjacent to the soon-to-be cleaned Nuhart Plastics Superfund site. 

Last summer, Brookfield announced a deal with Park Tower Group to buy into 1,240 units at Eagle and Commercial streets in two new towers financed with an $89 million loan from the Industrial and Commercial Bank of China.

Toronto-based Brookfield, who has for years been one of Governor ‘Amazon’ Cuomo’s largest donors, is also behind one of the current largest private residential developments in the Bronx and is one of the largest real estate developers in the world.

 

Category: News | Tags: , , , , , , , | 0 Comments