This will only add to the amazing tapestry of overlapping skylines in new york. Especially from the north this will look to be combined with Midtown, Downtown, JC and Newark (maybe?)
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I am Pancake re-incarnated
I'm just so happy that SHoP is designing it and THIS will be our beauty. I really want it to be as tall as the ESB at 1,454. I believe they have the air rights for that height (right?)
so set a new standard for BK! Or at least give us this iconic structure.
I believe with the crown it could approach that height. And don't forget about that tease of a view, which looks to be around 1,200 ft or so...
“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
Brooklyn's new icon. I wonder how if will stack in the rankings of New York's next top skyscraper icon.
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“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
Given many of the dull cheap generic rental designs going up, defiling the once glorious face of Brooklyn, I'm not holding my breath for quality design here. It's a wait and see approach here for me. I will say that this sub-cbd needs something grand and iconic to undo years of cruddy towers that have been constructed by philistinie developers on the cheap without anybody really caring in the government. Brooklyn shouldn't be filled with so many hideous college dorm standard junk.
Given many of the dull cheap generic rental designs going up, defiling the once glorious face of Brooklyn, I'm not holding my breath for quality design here.
Please, if anything that should tell you what will go up here should be the best thing Brooklyn has seen. And I don't know about this "once glorious face" of Brooklyn you're talking about. Brooklyn is the hottest thing in the city right now, has been for a while. And it's only getting better. But as they say, haters gotta hate....
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“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
Please, if anything that should tell you what will go up here should be the best thing Brooklyn has seen. And I don't know about this "once glorious face" of Brooklyn you're talking about. Brooklyn is the hottest thing in the city right now, has been for a while. And it's only getting better. But as they say, haters gotta hate....
Always the same group of mongoloids....
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Buildings Over 200 Meters 62 Completed 20 Under Construction 50 Proposed 0 On Hold
Iron Hound Secures $185M in Two NYC Debt Deals for Chetrit Group
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So far December has been a fruitful month for Joseph Chetrit and his family and friends.
In the past week, the Chetrit Group and its various joint venture partners closed $185 million in debt across two projects, Commercial Observer has learned.
Iron Hound Management Company brokered both transactions, which include a $115 million loan from Fortress Investment Group for a development in downtown Brooklyn and a $70 million loan from SL Green Realty Corp. on a row of empty retail shops on West 34th Street.
“It’s been a busy week for Iron Hound,” said Robert Verrone, a principal at the New York-based based advisory firm who helped arrange the two deals.
The Chetrit Group and Michael Stern’s JDS Development Group are using the $115 million floating-rate loan from Fortress to refinance existing debt on the landmarked Dime Savings Bank of New York at 9 DeKalb Avenue and fund the acquisition of an adjacent site at 340 Flatbush Avenue Extension.
It was not immediately clear how much debt remains on the landmarked bank site, but Bank of America provided a $7.5 million refinancing on the property in May 2007, city records show. Less than a year later, J.P. Morgan Chase acquired the property and its outstanding debt.
The Chetrit Group and JDS later struck a deal to buy the former bank property from J.P. Morgan for $90 million and plan on using its air rights to construct a residential tower on the neighboring site that the two development firms also own, as Crain’s New York Business reported in August 2015. The joint venture partners then bought the site at 340 Flatbush Avenue Extension for $43 million in May 2014.
While the former bank could be converted into a retail space or a lobby for the adjacent building, the new residential tower is reportedly going to rise between 1,000 and 1,200 feet.
As for Chetrit’s latest development in Midtown Manhattan, the firm originally acquired a total of seven parcels from 245-261 West 34th Street in partnership with Cornell Realty Management in two separate transactions for a total of $31.5 million from discount retailer Conway Stores in January 2014.
So excited about this one. If they can keep the design fresh and avoid horrific value engineering (I'm looking at you, Brooklyner), this will be a serious step forward for BK. With all the transit options in Downtown BK, this is seriously a great place for development. Plus, Easy walking distance to all the great brownstone-y neighborhoods of Ft Greene, Boerem Hill and Cobble Hill for good food or drink.
So excited about this one. If they can keep the design fresh and avoid horrific value engineering (I'm looking at you, Brooklyner), this will be a serious step forward for BK. With all the transit options in Downtown BK, this is seriously a great place for development. Plus, Easy walking distance to all the great brownstone-y neighborhoods of Ft Greene, Boerem Hill and Cobble Hill for good food or drink.
As long as JDS and Shop are involved, I don't think we need to worry about value engineering. When they collaborate on projects together, they are a force to be reckoned with. The partnership between JDS and Shop is the real estate equivalent of Martin Scorsese and Leo DiCaprio collaborating on a movie, you just can't go wrong!
While the former bank could be converted into a retail space or a lobby for the adjacent building, the new residential tower is reportedly going to rise between 1,000 and 1,200 feet.
I thought we had heard 1400+ before but honestly 1000-1200 works better proportionally since the rest of Brooklyn's buildings hardly exceed 600.
^ That would be perfect as depicted. A solid 1,000 footer which stands out but doesn't look awkward (Burj Kalifa effect).
On its way to becoming reality too which is exciting. 600,000 sq ft can go a long way. Looking forward to what SHoP can do. If the preliminary renderings are anything to go by, this will be a stunner. The Steinway of Brooklyn.
this height that design . .
What a Wowser ! . .
and that color Zapatan isn't so keen on . .
could it actually be CorTen Steel ? . .
I hope I hope I hope . . .
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A solid 1,000 footer which stands out but doesn't look awkward (Burj Kalifa effect).
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