2014 Brooklyn development to watch: Pierhouse

Eye On Real Estate

January 1, 2014 By Lore Croghan Brooklyn Daily Eagle

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Toll Brothers and Starwood Capital are building a grand condo and hotel complex in Brooklyn Bridge Park – a project that’s expected to generate $3.3 million in revenues for BBP’s anticipated $16.1 million annual maintenance budget.

Pile drivers are toiling diligently on the project’s Pierhouse condos, despite winter weather. For a bird’s-eye view of the site, whose address is 60 Furman St., button up your overcoat and take a stroll on Squibb Bridge, Brooklyn Heights’ boardwalk in the sky, which hangs over it.

Prices at 108-unit Pierhouse, which was designed by Marvel Architects, range from one-bedroom condos starting at $1.5 million to five-bedroom homes for as much as $11 million.