Pacific Park

December 19, 2023

After 20 years, Pacific Park faces foreclosure and an uncertain future

As the massive Brooklyn megadevelopment once known as Atlantic Yards reaches its 20th anniversary, news of the project's progress has been scarce. But recent changes affecting the development anchored by Barclays Center may put the 22-acre site–now known as Pacific Park–back in the spotlight. As The Real Deal reported in a wrap-up of its progress over the past two decades, current developer Greenland USA has defaulted on nearly $350 million in loans attached to the project's second phase. With foreclosure imminent, an auction, scheduled for next month, may mean a new developer will be responsible for fulfilling crucial affordable housing agreements and inherit penalties for unbuilt units.
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May 5, 2023

Two-tower Prospect Heights rental with huge public park launches lottery, from $2,290/month

A housing lottery opened this week for 240 middle-income units at 595 Dean Street, the latest building to open at the Prospect Heights mega-development, Pacific Park. The two-tower, mixed-use project has 798 total rentals, 30 percent of which are designated below market rate, and is anchored by roughly 60,000 square feet of public open space. New Yorkers earning 130 percent of the area median income, or between $78,515 annually for a single person and $187,330 for a household of five, can apply for the apartments, which range from $2,290/month studios to $3,360/month two-bedrooms.
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January 11, 2022

258 middle-income units up for grabs at Brooklyn’s Pacific Park complex, from $1,905/month

A housing lottery opened this week for 258 middle-income apartments in a new rental building in Prospect Heights. Designed by Perkins Eastman, Brooklyn Crossing is a 51-story residential tower in Prospect Height’s 22-acre Pacific Park mega-development. New Yorkers earning 130 percent of the area median income, or between $65,315 for a single person and $167,570 for a family of five, are eligible to apply for the apartments, which range from $1,905/month studios to $3,344/month for two bedrooms.
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January 5, 2022

Leasing begins at 51-story Brooklyn Crossing, Pacific Park’s largest building

The Brodsky Organization and Greenland USA on Tuesday announced the beginning of leasing for Brooklyn Crossing, the latest, and currently tallest, addition to Prospect Height’s 22-acre development Pacific Park. Located at 18 Sixth Avenue between Atlantic Avenue and Pacific Street, the 51-story residential tower offers 858 mixed-income units, ranging from studios to one-to-three bedroom apartments, with 258 of the units to be designated as affordable for middle-income earners. Occupancy is expected this month.
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November 15, 2021

94 middle-income units available at 27-story rental at Brooklyn’s Pacific Park, from $1,547/month

A new rental tower at the Brooklyn mega-development Pacific Park has opened applications for 94 middle-income apartments. Located at 662 Pacific Street, Plank Road is a 27-story residential building in Prospect Heights, with a total of 312 rental units and a public middle school at its base. New Yorkers earning 130 percent of the area median income can apply for the available studio, one-, and two-bedroom units, priced between $1,547/month and $3,219/month.
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November 19, 2019

New renderings show 72,600-square-foot public park coming to Brooklyn’s Pacific Park development

Developer TF Cornerstone this week released new renderings for two sites within Brooklyn's long-delayed Pacific Park development that have yet to break ground: 615 and 595 Dean Street. Their plans will bring 72,600 square feet of public open space with community amenities, 800 units of mixed-income housing, and retail to Pacific Park. In addition, Chelsea Piers is set to open a Field House that will offer a wide range of family and youth-focused programming when the site opens in 2023. 
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June 20, 2019

Waitlist opens for ‘affordable’ units at Pacific Park’s modular tower, from $2,025/month

A rental tower in Brooklyn's long-plagued Pacific Park development is currently accepting applications for its affordable housing waitlist. The 363-unit building at 461 Dean Street opened in 2016, with its affordable housing lottery launching that same year. Three years later, the building's lottery waitlist has opened, inviting New Yorkers earning 160 percent of the area median income to apply for the not-so-affordable $2,025/month studios and $2,541/month one-bedrooms.
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April 23, 2019

Pacific Park construction accelerates with groundbreaking at tallest tower

Long in the works, construction at the Pacific Park complex in Brooklyn is set to ramp up after Greenland Forest City Partners announced a partnership with the Brodsky Organization to develop 18 Sixth Avenue. Designed by Perkins Eastman, the building will exceed 500 feet and become the tallest in Pacific Park. As 6sqft previously reported, Brodsky was also tapped for another apartment building in the complex at 664 Pacific Street, which will also include public space and a school. Groundbreaking at both sites is set to take place within the next two weeks.
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September 26, 2018

New details for Brooklyn’s Pacific Park and a first look at its tallest tower

The development of Pacific Park, a 22-acre mixed-use complex near the Barclays Center, has entered its next phase Greenland Forest City Partners announced Wednesday. The developer is bringing on TF Cornerstone and the Brodsky Organization as development partners for the project. The duo will develop three parcels at the site, which include three rental buildings, a new public school, and new open space. Greenland also announced construction is set to begin in the spring for the park's tallest tower, a more than 500-foot tall tower designed by Perkins Eastman.
More details here
January 16, 2018

New rendering shows how Pacific Park is changing Brooklyn’s skyline; tallest tower on the way

Though Brooklyn's Pacific Park mega-development hasn't been in the news much lately, the site of headline-stealing Barclays Center and the world's tallest modular tower hasn't slowed its advancing impact on the borough's skyline. A new rendering courtesy of New York Yimby shows the full build-out of the project, including the addition of what could be one of Brooklyn's tallest towers. According to the rendering, the site's crowning skyscraper would be borough's tallest tower–if only on paper, and temporarily.
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November 6, 2017

Nearly 100 middle-income units sit vacant at Brooklyn’s Pacific Park development

In July 2016, the lottery opened for 298 mixed-income rentals at 535 Carlton Avenue, part of the sprawling Pacific Park complex, in Brooklyn. But now, more than a year later, about 95 units remain vacant at the Prospect Heights site, as City Limits reported. Despite over 93,000 New Yorkers applying for the nearly 300 units within just eight weeks, the applicants were rejected because they did not make enough money to qualify for those specific units. The 95 vacancies, the most expensive apartments at Pacific Park, are reserved for households that earn between 135 and 165 percent of the area median income, which translates to $74,606 and $173,415 annually. Unable to secure tenants for this income bracket, developer Greenland Forest City Partners (GFCP) placed advertisements for the units on market-rate real estate websites.
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November 15, 2016

See new photos inside the world’s tallest modular tower; leasing kicks off at 461 Dean

It's been a long an tumultuous journey for 461 Dean, also know as the B2 tower, and better known as the world's tallest prefab tower. The fire-engine-red stacked building has seen numerous delays in the last four years thanks to lawsuits, leaks, and alignment issues. Its developer Forest City Ratner even opted to exit the modular business last month—although that's not to say that the technology developed is any less valuable (more on that ahead). But now that celebratory champagne bottle can finally be popped, as this afternoon the developer held a grand opening ceremony to kick off the official start of leasing.
more details here
April 20, 2016

Skyline Wars: Brooklyn Enters the Supertall Race

Carter Uncut brings New York City’s latest development news under the critical eye of resident architecture critic Carter B. Horsley. Here, Carter brings us his fifth installment of “Skyline Wars,” a series that examines the explosive and unprecedented supertall phenomenon that is transforming the city’s silhouette. In this post Carter looks at Brooklyn's once demure skyline, soon to be Manhattan's rival. Downtown Brooklyn has had a modest but pleasant skyline highlighted by the 350-foot-high Court & Remsen Building and the 343-foot-high great ornate terraces of 75 Livingston Street, both erected in 1926, and the 462-foot-high flat top of the 1927 Montague Court Building. The borough’s tallest building, however, was the great 514-foot-high dome of the 1929 Williamsburg Savings Bank Tower, now known as One Hanson Place, a bit removed to the east from Downtown Brooklyn. It remained as the borough’s tallest for a very long time, from 1929 until 2009. A flurry of new towers in recent years has significantly enlarged Brooklyn’s skyline. Since 2008, nine new towers higher than 359 feet have sprouted there, in large part as a result of a rezoning by the city in 2007. A few other towers have also given its riverfront an impressive frontage. Whereas in the past the vast majority of towers were clustered about Borough Hall downtown, now there are several clusters with some around the Brooklyn Academy of Music and the former Williamsburg Savings Bank Tower and some around the Williamsburg riverfront.
more on Brooklyn's skyline here
August 18, 2015

22,000 New Apartments Coming to Northern Brooklyn by 2019

We recently reported that New York City was entering its biggest building boom since 1963. Building permits rose 156 percent over the last year, accounting for 52,618 new residential units. If that number seems large to you, keep in mind it's spread over the five boroughs, including the supertall towers of Manhattan. But a new report from CityRealty shows that northern Brooklyn alone with get 22,000 new apartments over the next four years. According to the report, which only looked at buildings with 20 or more units, "around 2,700 new units are expected to be delivered in 2015. That number will nearly double in 2016, when approximately 5,000 apartments will be ready for occupancy." The majority of these units, 29 percent or 6,412 apartments, will come to Downtown Brooklyn, followed by Williamsburg with 20 percent or 4,341 units.
More on the Brooklyn building boom