Downtown

Downtown Brooklyn construction checklist

Eye on Real Estate

August 2, 2017 By Lore Croghan Brooklyn Daily Eagle
Construction is nearly finished at the Hub (the tall tower in the center of the photo), which is located at 333 Schermerhorn St. in Downtown Brooklyn. Eagle photos by Lore Croghan

Downtown Brooklyn’s skyline is changing all the time.

We want to keep track of how it looks at every stage in its transformation.

Throughout the sometimes scorching summer, construction crews have been toiling at development sites on key corridors like Flatbush Avenue and Livingston Street and in the Brooklyn Cultural District.

Here’s a peek at the progress they’ve made on several interesting buildings. And see related stories about Two Trees Management’s 300 Ashland and TF Cornerstone’s 33 Bond.

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The Hub at 333 Schermerhorn St.

Construction continues on the retail space at the Hub, Douglas C. Steiner’s Downtown Brooklyn residential tower.

The 610-foot tower at 333 Schermerhorn St. is currently the tallest building in the entire borough. Other towers planned for nearby sites will be taller if and when they’re constructed.

Apartment leasing is ongoing at the Hub, which also has frontage on Flatbush Avenue and Livingston Street. There are 600 market-rate units and 150 affordable units.


When we checked the Hub’s website recently, available apartments included a $2,875-per-month alcove studio and a one-bedroom unit for a rent of $3,812 per month.

The hotel union’s healthcare building at 620 Fulton St.

A glass-covered building that’s shaped like a teardrop houses a free healthcare center for unionized hotel workers and their families.

This Brooklyn Cultural District development at 620 Fulton St. was built by the New York Hotel Trades Council and Hotel Association of New York City’s healthcare and pension arm.

A ribbon-cutting was held recently for the clinic, which occupies five floors of the building on the corner of Ashland Place.

But construction continues on the top floors of 620 Fulton St. The Brooklyn Hospital Center is negotiating a deal to rent that space, which extends from the sixth floor through the 12th floor penthouse, the New York Post reported.   

The Caesura at 280 Ashland Place

If you want to lease an $886-per-month micro unit, the clock is ticking.

That’s the rent for seven apartments in the Caesura’s affordable-housing lottery. They’re for single tenants with annual incomes between $32,709 and $66,800.

Six other micro units that are being offered in the lottery are for single tenants with annual incomes between $53,143 and $110,220. The rent is $1,482 per month for those apartments.

The micro units are small apartments that are equipped with multi-purpose furniture.

The Caesura is Jonathan Rose Companies’ mixed-use development at 280 Ashland Place in the Brooklyn Cultural District.

Aug. 11 is the deadline day for applications for all 49 units in the Caesura’s affordable-housing lottery. The other apartments being offered in the lottery are studios and one- and two-bedroom units.

The rest of the Caesura’s 123 apartments will be market-rate rentals. Leasing hasn’t yet started on them.

The 12-story building on the corner of Lafayette Avenue, which is now taking shape under construction netting, is cater-cornered to the Brooklyn Academy of Music’s iconic Peter Jay Sharp Building.

Two cultural institutions will own and occupy space in the Caesura: The Center for Fiction and Mark Morris Dance Center.

  

Slate Property Group and Meadow Partners’ 1 Flatbush Ave.

Construction is rolling right along at 1 Flatbush Ave., a Downtown Brooklyn development on a triangular-shaped site with frontage on Fulton Street.

The structural frame of the 19-story rental-apartment building topped out in the spring.

According to city Buildings Department filings, there will be 183 apartments in Slate Property Group and Meadow Partners’ development.

Rose Associates and Benenson Capital’s 210 Livingston St.

Construction is coming along nicely at 210 Livingston St.

Rose Associates and Benenson Capital Partners are building a 26-story, 368-unit rental apartment tower  in Downtown Brooklyn. The site also has frontage on Hoyt and Schermerhorn streets.


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