By Aaron Ginsburg, Tue, July 12, 2022 Rendering courtesy of Brookfield Properties and Park Tower Group
A housing lottery opened this week for 224 middle-income units at a new residential development on the Brooklyn waterfront. Located within the Greenpoint Landing development, Eagle+West offers luxury homes, incredible views, high-end amenities, and unparalleled waterfront access. New Yorkers earning 80, 125, and 130 percent of the area median income, or between $51,840 for a single person and $206,875 for a household of seven, can apply for the apartments, ranging from $1,437/month for studios to $3,397/month for three bedrooms.
Do you qualify?
By Michelle Cohen, Tue, April 19, 2022 Photo courtesy of Greenpoint Terminal Market
Situated in Brooklyn’s northernmost corner, bridging the popular enclaves of Williamsburg and Long Island City, Greenpoint is an eclectic star in the North Brooklyn neighborhood constellation. A somewhat sleepy industrial neighborhood for much of the 20th century, Greenpoint was settled by Polish immigrants who came here to work along the waterfront nearly a century ago. In the 21st century, having been made irreversibly famous by the hit TV series Girls, it has become one of the most desirable residential areas in Brooklyn.
Your guide to Greenpoint, this way
By Aaron Ginsburg, Fri, February 18, 2022 Renderings courtesy of the NYC Department of Housing Preservation and Development
A housing lottery opened this week for 125 mixed-income units at a new residential tower on the Brooklyn waterfront. Located at 1 Bell Slip in Greenpoint, the 31-story building offers its residents a host of luxury-style amenities and breathtaking views of the city skyline. New Yorkers earning 80, 125, and 130 percent of the area median income are eligible to apply for the apartments, which range from $1,437/month studios to $3,397/month two-bedrooms.
Find out more
By Devin Gannon, Wed, December 15, 2021 After New York City’s construction and real estate industries ground to a halt last year because of the pandemic, 2021 saw a flurry of activity, thanks to the arrival of the coronavirus vaccine and federal funding for states and cities. This year, we saw positive signs that the road to recovery for New York real estate has started. More apartments sold in Manhattan in the third quarter of 2021 than at any point during the last 30 years. Brooklyn gained its first supertall. The priciest private development ever built in the Bronx opened. Records were broken, set, and broken again.
As the city adapts to a new normal, so do residential projects. Amenities now focus on health and wellness, like stunning sky-high pools, curated fitness centers, and landscaped outdoor space. With work-from-home culture likely not going anywhere, developers offer designer-crafted co-working spaces, libraries, and lounges.
Our picks are down to 16 of the most notable residential projects this year. Which do you think deserves 6sqft’s title of 2021 Building of the Year? Polls for our seventh annual competition will remain open through midnight on Sunday, December 26. A winner will be announced on Monday, December 27. Happy voting!
Vote here
By Devin Gannon, Wed, July 29, 2020 Courtesy of QuallsBenson
Two newly-constructed waterfront towers in Greenpoint are now accepting applications for rent-stabilized “affordable” apartments. A lottery is set to launch for 235 middle-income apartments at One Blue Slip and Two Blue Slip, a pair of luxury towers designed by Handel Architects that are part of Greenpoint Landing, a master plan developing 22 acres of the Brooklyn neighborhood. Households with combined annual incomes of between $81,258 and $183,300 can apply for the available units, including $2,370/month studios, $2,542/month one-bedrooms, $3,063/month two-bedrooms, and $3,530/month three-bedrooms. Qualified New Yorkers can submit one application for each building.
Find out if you qualify
By Devin Gannon, Tue, February 18, 2020 Image by QuallsBenson
The second tower at Greenpoint Landing, the master plan transforming 22 acres of the north Brooklyn neighborhood, has officially opened. Designed by Handel Architects, Two Blue Slip rises 40 stories and contains 421 rental units, with 30 percent of them income-restricted. While pricing has not been released yet, the neighboring building One Blue Slip, which opened in August 2018, most recently listed a three-bedroom unit for $7,892/month, according to CityRealty.
Get the scoop
By Alexandra Alexa, Wed, November 20, 2019 Rendering courtesy of OMA/ nuur.nu
Construction is now underway on the next phase of development at Greenpoint Landing, which includes one acre of additional public waterfront space designed by James Corner Field Operations and two new residential towers designed by Rem Koolhaas’ international architecture firm, OMA. In addition to 745 units of mixed-income housing, the new towers will also add 8,600 square feet of ground-floor retail.
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By Michelle Cohen, Thu, March 7, 2019 Rendering courtesy of Brookfield Properties and Park Tower Group.
Developers Brookfield Properties and Park Tower Group have unveiled the next phase of development in the massive Greenpoint Landing waterfront project, including an addition to the public waterfront esplanade designed by James Corner Field Operations and mixed-income housing designed by OMA, the architecture firm founded by Rem Koolhaas. Construction is scheduled to begin this summer on the two new towers and an adjacent seven-story building that will bring the total number of units in the project to 745, of which 30 percent will be affordable.
More this way
By Michelle Cohen, Mon, August 7, 2017 Image: Pexels
6sqft recently reported on a forecast by online real estate marketplace Ten-X predicting a precipitous threefold spike in New York City’s apartment vacancy rate that could even exceed 11 percent by the end of next year as thousands of new apartments hit the market, adding up to a “grim reckoning” for landlords. Now, a Crains reporter tells us that skeptics like marketing-consultant-to-developers Nancy Packes, who said the prognostication of a rental market meltdown “didn’t make any sense,” could be right after all.
Let’s hear more
By Diane Pham, Fri, October 28, 2016 This may be your opportunity to live in one of northern Brooklyn’s most transformative new developments. Starting today, both low- and middle-income New Yorkers can apply for 102 newly-built affordable units at Five Blue Slip, one of Greenpoint Landing‘s three affordable buildings slated for completion by the end of next year. Available apartments range from studios to two-bedrooms priced between $368 and $1065, and households of one to four individuals earning between 30 and 60 percent of the area median income are eligible to apply.
find out if you qualify
