Thursday, February 1, 2018

Greenpoint's Next 40-Story Waterfront Tower is Finally Happening

Back in 2015, a project was proposed to transform a building on the Greenpoint
Waterfront in Brooklyn into a high-rise. Now three years later, the project is making
headway. What was once an abandoned warehouse will now be a  multi-purpose,
somewhat-affordable tower at 18 India Street.

PC: RedSky Capital

The Building:
Rendering received by YIMBY reveals a design which seems to stack the areas
used for different uses on top of each other, like building blocks, and will feature a
green-brick facade and large rectangular windows.

The Space:
At 40-stories tall, the tower will yield around 600,000 square feet of space. The plans
allot 100,000 square feet of space to be used for retail space, leaving the rest of the
space to use for potentially 500 to 700 residential units.

The Developers:
JZ Capital Partners and RedSky Capital are spearheading the project as of now,
while there hasn’t been any reveal of who the exact architect is.

The Construction Plan:
There has yet to be a date set for the project’s completion, but now that renderings
have been unveiled, the plans are surely moving forward.

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