Permits have been filed for a 29-story mixed-use building at 595 Dean Street in Prospect Heights, Brooklyn. Located between Carlton Avenue and Vanderbilt Avenue, the lot is two blocks east of the Atlantic Avenue-Barclay Center subway station, serviced by the B, D, N, Q, R, 2, 3, 4, and 5 trains. TF Cornerstone is listed as the owner behind the applications after purchasing the adjacent 595 and 615 Dean Street sites, part of the Pacific Park complex, for $143 million at the beginning of the year. TF Cornerstone is leasing the land from the Empire State Development Corporation, once the construction is complete, the deal will convert to ownership.
Details have been revealed for an enormous new 750-unit residential tower at 18 6th Avenue, in Prospect Heights, Brooklyn. The site is right beside the Barclays Center and is part of Pacific Park, formerly known as Atlantic Yards, a multi-billion dollar 22-acre mega-project that has already seen the completion of four of fifteen eventual buildings. TF Cornerstone and The Brodsky Organization have also now joined Greenland Forest City Partners to finish the project, acquiring land where three of the prospective future skyscrapers will imminently rise.
Yesterday, major news was announced regarding Mary Anne Gilmartin’s departure from Forest City Ratner, as she joined forces with Robert Lapidus and David Levinson to form L&L MAG, a new venture that will draw on the talents of all three executives and a host of other talent. The firm also launched its new website, which features a fresh rendering of the full build-out of the Pacific Park mega-project, surrounding Barclay’s Center in Downtown Brooklyn, which has undergone substantive changes to its final appearance, including the addition of what could become one of the neighborhood’s tallest towers.
After four years of delayed construction, financial missteps, and lawsuits, Forest City Ratner and Greenland U.S.A. are finally welcoming tenants into 461 Dean Street, currently the tallest skyscraper in the world constructed with modular units. The 32-story tower on the edge of Prospect Heights and Park Slope offers sweeping views of brownstone Brooklyn, but its lengthy construction saga highlights the myriad issues facing developers who want to build with modular construction.
The 23-story, 303-unit mixed-use building under development at 38 Sixth Avenue, at the corner of Dean Street in Prospect Heights, has topped out. Three months ago, the structure was merely two stories above street level. It now encompasses 341,595 square feet. It will host 8,700 square feet of retail space and medical offices on the ground floor, followed by 303 affordable residential units. All of the rental apartments will rent at below-market rates through the housing lottery. Amenities include a 73-car underground garage, space for a whopping 400 bikes, private residential storage space, a fitness center with a yoga room, a children’s playroom, and a terrace on the 16th floor. Greenland Forest City Partners, comprising of Greenland USA (the US branch of Shanghai-based Greenland Group) and Forest City Ratner Companies, is the developer. The duo are heading the 17-building Pacific Park mixed-use mega-development, of which 38 Sixth Avenue is a part. SHoP Architects is behind the design. Completion can probably be expected later this year or in early 2017.