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NYguy Nov 22, 2021 9:00 PM
NEW YORK | 356 Fulton Street | 538 FT | 43 FLOORS
 
https://www.crainsnewyork.com/real-estat...s-plans-43-story-downtown-brooklyn-tower


Feil Organization reveals plans for Downtown Brooklyn tower


EDDIE SMALL
Nov 22, 2021


Quote:
The Feil Organization is set to add another massive project to Downtown Brooklyn’s residential boom—one that represents the culmination of the firm’s yearslong effort to piece together a Fulton Street presence.

The company has filed plans with the city Department of Buildings for a project spanning about 475,000 square feet at 356 Fulton St. The tower is designed to stand 43 stories—496 feet—tall, and include 421 apartments, 30% of which will be affordable. The project includes 73 parking spots and about 100,000 square feet of commercial space.

Architects SLCE and MdeAS are designing it, according to the filing and the Feil Organization.

Feil is still determining what will go in the commercial space.

Feil has started demolition work, and it will start foundation work early next year, according to Executive Vice President Brian Feil. Construction should be finished in roughly three years, he said.

https://pbs.twimg.com/media/FE0aswSXwAEf4sn?format=jpg&name=900x900



https://a4.pbase.com/o12/06/102706/1/172145324.aAHEa5RO.FullSizeRender.jpg

JMKeynes Nov 22, 2021 10:56 PM
Getting rid of more garbage is music to my ears.

https://s13.therealdeal.com/trd/up/2021/11/Main_DoBro-768x479.jpg

https://therealdeal.com/2021/11/22/feil-organization-plans-43-story-dobro-tower/

BK1985 Nov 22, 2021 11:28 PM
Yay. Another one.

Crawford Nov 23, 2021 1:25 AM
The Fulton Street corridor is exploding with new towers.

Which is great because the corridor still has a fair number of junky buildings, so perfect for massive highrise redevelopment.

JMKeynes Nov 23, 2021 2:07 AM
Quote:
Originally Posted by Crawford (Post 9458685)
The Fulton Street corridor is exploding with new towers.

Which is great because the corridor still has a fair number of junky buildings, so perfect for massive highrise redevelopment.
I agree, Crawford. :cheers::cheers::cheers:

Busy Bee Nov 23, 2021 2:12 AM
Quote:
Originally Posted by JMKeynes (Post 9458568)
Getting rid of more garbage is music to my ears.
What you call garbage is actually... okay no just kidding.

JMKeynes Nov 23, 2021 3:12 AM
Quote:
Originally Posted by Busy Bee (Post 9458731)
What you call garbage is actually... okay no just kidding.
I think that we can all agree on this one, BB.

https://s13.therealdeal.com/trd/up/2021/11/Main_DoBro-768x479.jpg

JMKeynes Nov 23, 2021 12:46 PM
https://newyorkyimby.com/2021/11/permits...-fulton-street-in-downtown-brooklyn.html

https://newyorkyimby.com/wp-content/uplo...Street-in-Downtown-Brooklyn-1024x518.png

The Models on 360 Fulton will be demolished as per a DOB permit filed on October 12, 2021.

The Porta Bella building next to Models is coming down as per a DOB permit filed on October 4th.

The Karma building (370 Fulton) is coming down as per a DOB permit filed on October 4th.

https://media3.giphy.com/media/3016In3PO5FO8Uo7v7/200.gif

https://i.gifer.com/Yq44.gif

chris08876 Nov 23, 2021 2:23 PM
Yeah its much needed. Replacing some very bad rubbish.


Great unit count as well for a nice filler.

NYguy Nov 23, 2021 2:32 PM
This will likely be just above 500 ft, at one time a significant height for Brooklyn. The retail base will also be in keeping with the streets presence as a shopping district.

NYguy Dec 1, 2021 4:47 AM
https://www.brownstoner.com/development/...&utm_source=twttr&utm_medium=Brownstoner

Mid-Century Bank, Four Other Downtown Brooklyn Buildings to Make Way for 45-Story Tower

by Susan De Vries
November 30, 2021


Quote:
Another tower will be rising in Downtown Brooklyn as half a block on Fulton Street, including a mid-century bank building, is set to be demolished to make way for a 45-story mixed-use development that will include affordable housing.

While no scaffolding has appeared yet, a recent walk by the block showed construction workers on the site and doors boarded up at some of the buildings. Applications for demolition permits for the structures were filed in October but no permits have been issued yet. The buildings stretch from the bank at 356 Fulton Street on the corner of Red Hook Lane to 370 Fulton Street, which abuts the landmarked Gage & Tollner.
Quote:
Filings propose a mixed-use tower at 356 Fulton Street with affordable housing, lower level parking, retail at the street level and residences above with a total of 475,474 square feet. (Thirty percent of the 421 units will be set aside as middle-income targeted housing under the state’s 421a tax break program, according to Crain’s.) While the filings indicate a 43-story building, the Schedule A shows 45 stories, including two floors of mechanicals at the top. SLCE Architects is the architect of record. The Manhattan-based firm already has another project nearby, the 21-story condo tower at 1 Boerum Place.

The neo-Formalist bank at 356 Fulton Street was designed by architect Adolf Goldberg and his firm Goldberg-Epstein Associates and completed in 1968 as the headquarters for Equitable Savings and Loan Association. The angled facade is brightened by rows of white pillars and aquamarine tiles, giving what Brownstoner columnist Suzanne Spellen has described as “a bit of color and zing” to the otherwise simple exterior.
Quote:
The bank, which was occupied by a Capital One branch until 2019, was purchased by The Feil Organization in 2015 for $43 million while the four other parcels on the block were acquired by the company under the name 360-372 Fulton LLC this May for $19,987,580, public records reveal.

Those four other parcels include two four-story structures at 366 and 370 Fulton Street and two storefronts, No. 360 and 362-364 Fulton Street, that once housed a one-story Modell’s store. While their facades have been greatly altered over the decades, historic tax photos show the four-story buildings likely date to the 19th century. At the time of the circa 1940 photos, No. 366 was home to a Childs Restaurant.

No renderings have been posted at the site or online except for a very small thumbnail labelled “Fulton Street Development” on The Feil Organization website , which seems to show an early version of the plans. How closely the new building will abut Gage & Tollner isn’t clear. That building, 372 Fulton Street, is an individual landmark and its first floor dining room is an interior landmark.

NYguy Dec 1, 2021 4:48 AM
From the article...



https://www.brownstoner.com/wp-content/u...6-fulton-street-bank-2021-sdevries-9.jpg



https://www.brownstoner.com/wp-content/u...6-fulton-street-bank-2021-sdevries-1.jpg



https://www.brownstoner.com/wp-content/u...6-fulton-street-bank-2021-sdevries-2.jpg



https://www.brownstoner.com/wp-content/u...6-fulton-street-bank-2021-sdevries-6.jpg



https://www.brownstoner.com/wp-content/u...6-fulton-street-bank-2021-sdevries-5.jpg

Busy Bee Dec 1, 2021 5:26 AM
No loss here. Hoping for a beautiful tower.

JMKeynes Dec 1, 2021 11:13 AM
The nice buildings will remain, and the crap will go. I like this. :cheers::cheers:

NYguy Feb 8, 2022 7:09 PM
https://twitter.com/suburbanrealist/status/1490865309338996737

https://pbs.twimg.com/media/FLCeF_2WQAMD5eR?format=jpg&name=medium




https://pbs.twimg.com/media/FLCeF_2WQAMD5eR?format=jpg&name=large

JMKeynes Feb 8, 2022 7:13 PM
Good riddance! :cheers::cheers::cheers:

chris08876 Apr 20, 2022 10:37 PM
https://newyorkyimby.com/wp-content/uploads/2022/04/image00066-3-scaled.jpeg

https://newyorkyimby.com/wp-content/uploads/2022/04/image00068-scaled.jpeg
Credit: Michael Young via NYY

NYguy Jun 8, 2022 5:17 PM
https://www.crainsnewyork.com/real-estat...l-orgs-massive-downtown-brooklyn-project

Extell takes over Feil Organization’s massive Downtown Brooklyn project

EDDIE SMALL
June 8, 2022

NYguy Jun 10, 2022 12:20 PM
Not sure if Extell will keep the same design…


https://rew-online.com/extell-acquires-brooklyn-development-site-for-86m/

Extell acquires Brooklyn development site for $86M


by REW
June 9, 2022


Quote:
JLL Capital Markets announced today that is has arranged the lease of a shovel-ready 450,000-square-foot development site at 356 Fulton St. in Downtown Brooklyn to Extell Development.

JLL marketed the site on behalf of the seller, The Feil Organization. The buyer intends to develop a rental apartment project on the site under the current Affordable New York program. The site was recorded at an $85.9 million valuation.
Quote:
Situated at the corner of Fulton St. and Red Hook Lane in the high-traffic Fulton Mall shopping district, the site was previously occupied by a Capital One bank branch. It was purchased by The Feil Organization in 2015 as part of a larger assemblage in a neighborhood that is being transformed with over 14,000 new residential units within a one-mile radius.

The site has extraordinary connectivity to transportation, with multiple subway stations serviced by nine subway lines, all located within three blocks. 356 Fulton St. is one block from the Jay St-Metro Tech A, C and F subway station; two blocks from Hoyt Street 2 and 3; two blocks from the Borough Hall 4 and 5; and three blocks from the Fulton Street and Lafayette Avenue stations A, C and G trains. The property is 10 minutes to the LIRR and less than 10 minutes from Wall Street in Lower Manhattan.

The Feil Organization recently completed demolition of the three-story structure that stood on the site and secured approved plans for a 43-story mixed-use tower with 363 residential units and 100,000 square feet of commercial space.

chris08876 Jun 10, 2022 12:29 PM
I feel confident with Extell at the helm. This area has grown incredibly dense. 10,000+ units in the last few years and continuing to grow.

I wonder if they will seek to expand upon the 363 residential units, which seems kind of low for the area. A lot more potential.

chris08876 Dec 5, 2022 3:26 PM
https://newyorkyimby.com/wp-content/uploads/2022/12/IMG-8086-scaled.jpg
Credit: Michael Young via NYY

https://newyorkyimby.com/wp-content/uploads/2022/04/356-FULTON-STREET-Copy-562x1200.jpg

Busy Bee Dec 5, 2022 4:17 PM
The Gage & Tollner building and the mansard roof one next door will look so good with this new tower. They picked the perfect block to clear off the garbage and leave the gems.

chris08876 Oct 4, 2024 12:35 AM
https://global.discourse-cdn.com/busines...5e1d73c721ca1758f4ab93f3dea229e1872.jpeg
Credit: abot

NYguy Aug 5, 2025 4:22 PM
https://www.pincusco.com/extell-feil-pay...andmarked-building-in-downtown-brooklyn/

Extell, Feil pays $7.7M to JJ Operating for air rights from landmarked building in Downtown Brooklyn


https://www.pincusco.com/wp-content/uplo...dit-Gloria-B.-Glas-architect-via-DOB.jpg

August 4, 2025

NYguy Aug 5, 2025 4:36 PM
Not sure how much this will change with the addition of air rights.



https://a4.pbase.com/g13/06/102706/2/175684792.1461413e.JPEG



https://a4.pbase.com/o12/06/102706/1/175684792.DqMugPUE.FullSizeRender.jpg



https://a4.pbase.com/o12/06/102706/1/175684793.UHlJOUD1.FullSizeRender.jpg



https://a4.pbase.com/o12/06/102706/1/175684794.dYYey44w.FullSizeRender.jpg

NYguy Aug 8, 2025 11:31 PM
We’ll see how much plans are altered when new filings follow…


https://brooklyneagle.com/articles/2025/...y-air-rights-over-gage-tollner-for-7-7m/

Extell and Feil buy air rights over Gage & Tollner for $7.7M


August 5, 2025


Quote:
EXTELL DEVELOPMENT and the Feil Organization paid $7.7 million to the Jemal family’s JJ Operating for 30,735 square feet of air rights from the landmarked 372-374 Fulton Street in Downtown Brooklyn, home to Gage & Tollner restaurant, reports Pincus Co. Priced at $250 per square foot, the rights will support a 363-unit, 443,418 square foot project at 356 Fulton St.

NYguy Aug 9, 2025 5:36 PM
The nearby 205 Montague development will be nearly 800 ft (792 ft), which is pretty good for this side of DT Brooklyn. Hopefully with the extra air rights and a redesign, they will push for something as high or higher on this site. This tower will also be just a few blocks up from the new Brooklyn jail.


1
https://a4.pbase.com/o12/06/102706/1/175696907.2AQK2HrM.g3b.jpg


2
https://a4.pbase.com/o12/06/102706/1/175696905.B2Uf5exE.g1.jpg


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https://a4.pbase.com/o12/06/102706/1/175696906.Lz3zVC7c.g2.jpg


4
https://a4.pbase.com/o12/06/102706/1/175696908.ZNNXe4sC.g4.jpg


5
https://a4.pbase.com/o12/06/102706/1/175696909.bzyfuqyO.g5.jpg


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https://a4.pbase.com/o12/06/102706/1/175696910.bl8ZxxWg.c1.png


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https://a4.pbase.com/o12/06/102706/1/175696911.sTRTS9jV.c2.png


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https://a4.pbase.com/o12/06/102706/1/175696912.PmoCSFwE.c3.png


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https://a4.pbase.com/o12/06/102706/1/175696913.ke6iYJLi.c4.png


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https://a4.pbase.com/o12/06/102706/1/175696914.iymuesfz.c5.png


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https://a4.pbase.com/o12/06/102706/1/175696915.ZvOSWzuJ.c6.png




The new 141 Willoughby is converting to mostly residential, so maybe that will signal a change here to drop the planned office space in the lower floors. On the other hand, I could see the City itself leasing a couple of office floors here, so who knows.


12
https://a4.pbase.com/o12/06/102706/1/175696922.UU6ct8aB.141Willoughby.png

Busy Bee Aug 9, 2025 7:15 PM
Really excited about that Montague building. Should be awesome.

NYguy Aug 10, 2025 3:16 AM
^ We shall see.

NYguy Sep 6, 2025 12:31 AM
https://www.bisnow.com/new-york/news/cap...upply-12b-to-nine-extell-projects-130828

Extell Lands $1.2B In Equity From Hedge Fund For 9 Projects — Including 1.8M SF Disney Redevelopment


September 05, 2025
Sasha Jones


Quote:
Downtown Brooklyn’s Fulton Street

Extell signed an $85.9M ground lease in 2022 to take over 356 Fulton St. from The Feil Organization, creating a partnership between the two developers for a Downtown Brooklyn skyscraper.

The developers have continued to expand their control on the block between Red Hook Lane and Smith Street. They now own at least eight parcels on Fulton Street. The two spent $7.7M in July to transfer additional development rights to the project, according to public records.

Feil originally proposed a 43-story, 475K SF building for the site. The development would have had 421 apartments, 30% of which would have been set aside as affordable under the now-expired 421a program.

Now, according to the TASE filings, that project may expand to 600K SF.

chris08876 Nov 11, 2025 4:53 PM
Rabsky, Spencer Equity take over major DoBro development from Extell - Developers plan 500-unit resi project at 356 Fulton Street

Quote:
A Downtown Brooklyn project has changed hands for the third time in a decade — and is getting bigger.

Simon Dushinsky’s Rabsky Group and Joel Gluck’s Spencer Equity Group took over the long-term ground lease at 356 Fulton Street from Gary Barnett’s Extell Development in a $39 million deal, property records show.

The frequent partners picked up the site, plus two neighboring parcels and air rights, in a $56 million deal, according to a filing on the Tel Aviv Stock Exchange, where Gluck has raised multiple rounds of debt financing. They intend to purchase more air rights in the coming weeks, per the filing.

The pair plan to develop a massive residential project with about 200 condos, 299 rental units and 20,000 square feet of commercial space at a cost of about $400 million, per the TASE filing. Valley National Bank provided a $31.5 million loan for the purchase, which was first reported by PincusCo.

The development is down the street from another massive mixed-use project Dushinsky and Gluck are building at 625 Fulton Street. That 35-story, two-tower project has 1,098 units and retail space.

The Brooklyn site has changed hands multiple times in recent years. In 2015, the Feil Organization acquired the three-story building at the site from Capital One for $43 million, then pieced together a seven-parcel development site. In 2021, Feil submitted plans for a 363-unit residential building. The plans called for 421 apartments, 30 percent of them affordable under the 421a program.
========================
TRD

Doubleu1117 Nov 12, 2025 3:39 AM
So I guess this is the site as of now? They took over the main lot as well as the same two neighboring buildings Extell had acquired?

https://i.imgur.com/1pbdk7B.jpeg

Busy Bee Nov 12, 2025 3:44 AM
It would be pretty neat for them to acquire the corner property next to One Boerum Place and span over Red Hook Lane with the base of the structure.

Doubleu1117 Nov 12, 2025 3:54 AM
Looks like the Feil Organization (who was leasing to Extell and now to Rabsky/ Spencer) owns the entire highlighted area except for 375 Fulton in teal. So I wonder exactly what the plan is here, seems like they only took over the Red Hook Lane side.

https://i.imgur.com/AYNsSUM.png

chris08876 Mar 27, 2026 3:27 PM
https://newyorkyimby.com/wp-content/uploads/2026/03/IMG_7175-scaled.jpg
Credit: Michael Young via NYY


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