Extell Development Company has announced the successful acquisition of $530 million in financing for Brooklyn Point, its first development in the borough. When complete, the 720-foot-tall structure will become the tallest residential tower in Brooklyn, surpassing The Hub, located just to its south.
Located at 143 Fulton Street in the Financial District, the new 364-foot-tall and 298-room Moxy hotel is almost complete, with the final exterior finishes underway at the base of the tower. Two entrances to the building are located on Fulton Street and Ann Street, and up above, the project features a dark glass facade atop a four-story podium. SLCE Architects is the architect, while the developer of the nearly 129,000 square foot property is Tribeca Associates. Interiors are being done by Stonehill & Taylor.
UPDATE: According to architect James Davidson from SLCE, “This image does not remotely comply with present or future massing constraints available for this site and was meant merely for internal circulation, not for public view. The 1QPS full block site is built full under today’s zoning regulations and cannot support such a structure.”
Permits have been pre-filed for a 23-story mixed-use building at 98-04 Queens Boulevard in Rego Park, Queens. The site is two blocks away from the 63rd Drive subway station, serviced by the E, M, and R trains. Avi Matatov of RB Realty Capital LLC is responsible for the development. Matatov purchased the site from the previous developers, Bahar Corporation, for $12 million in mid-January 2018. Previous plans had involved building a seven-story mixed-use building.
Excavation has officially wrapped and a rendering has been revealed for Long Island City’s “Triangle” residential building, located at 43-12 Hunter Street. When complete, the project will stand 18 stories over Long Island City and will introduce 123 rental units to the expanding community. The Court Square Blog first reported on the progress.