Meadow Partners


1 Flatbush, rendering by Citi Habitats New Developments

Exclusive Renderings Revealed for 1 Flatbush Avenue, Downtown Brooklyn

Today, YIMBY has the exclusive first look at renderings of 1 Flatbush Avenue’s interiors and exteriors. The structure, triangularly shaped at the intersection of Flatbush Avenue and Fulton Street, will be adding new rental apartments to Downtown Brooklyn, 20% of which will let at affordable rates. Slate Property Group and Meadow Partners are responsible for the development.

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57 Willoughby Street

Renovation Planned for Six-Story, 124,000-Square-Foot Office Building at 57 Willoughby Street, Downtown Brooklyn

Meadow Partners has acquired, for $54 million, the six-story, 124,000-square-foot commercial building at 57 Willoughby Street, located at the corner of Lawrence Street in Downtown Brooklyn. The new owner plans to renovate the property, which includes rebuilding the 9,450-square-foot ground-floor retail space and modernizing the office space on the floors above, Real Estate Weekly reported. The property also contains 96,000 square feet of air rights, The Real Deal first reported. A $50.2 million acquisition loan was secured for the purchase.


1 Flatbush Avenue

19-Story, 183-Unit Mixed-Use Building Rises to Ninth Floor at 1 Flatbush Avenue, Downtown Brooklyn

Construction is now nine floors above street level on the 19-story, 183-unit mixed-use building under development at 1 Flatbush Avenue, located on the corner of Fulton Street in Downtown Brooklyn. Progress can be seen thanks to photos posted to the YIMBY Forums by Tectonic. The latest building permits indicate the project will encompass 133,936 square feet and rise 206 feet to its main roof, not including bulkhead elements.


A Detailed Look at the Recently Completed Luna LIC, Office-to-Residential Conversion at 42-15 Crescent Street, Long Island City

Office-to-residential conversions are usually expected of ornate, pre-war high-rises, or tall-ceiling industrial lofts. Such conversions are much more rare at mid-century office buildings, particularly ones that had no redeeming architectural value in the first place. Long Island City’s Luna LIC became one of the city’s only such projects when it opened its doors earlier this year. The nine-story office building was built in 1955 at 42-15 Crescent Street, at the foot of the Queensboro Bridge. Over the past few years, Meadow Partners redeveloped the property into an 11-story, 124-unit rental, and sold it to World Wide Group for a hefty profit. The architects at Avinash K. Malhotra Architects, also known as AKM Architects, opted for minimal intervention, rather than a total structural overhaul, which was sufficient to transform the poorly-aged eyesore into the latest addition to the growing residential community around Court Square.

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