Jenel Management

May 22, 2023

89 mixed-income units available at 43-story Downtown Brooklyn rental, from $1,407/month

A housing lottery opened this week for 89 mixed-income units at a new residential development in Brooklyn. Located at 540 Fulton Street, The Paxton offers residents luxury rental units and modern amenities in the heart of Downtown Brooklyn. New Yorkers earning 80 and 130 percent of the area median income, or between $50,812 annually for a single person and $215,150 for a household of seven, can apply for the units, priced from $1,407/month studios to $3,600/month three bedrooms.
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May 22, 2018

Downtown Brooklyn gets another high-rise headed for 511 feet tall

The new hotspot for tall towers, Downtown Brooklyn, will be getting another contender, CityRealty reports. Revised permits show that a 43-story, 511-foot tower set to rise at 540 Fulton Street will contain 327 residential units along with retail and office space. The building's height is only about a foot shy of the former Williamsburgh Savings Bank Tower–now condos–which held the title of Brooklyn's tallest high-rise from 1929 to 2009. The new tower will join Brooklyn's future tallest towers: 720-foot 138 Willoughby Avenue (Brooklyn Point),986-foot 80 Flatbush, and 1,000+ foot 9 Dekalb.
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