If you’ve been keeping tabs on the New York City real estate market, you know for resales that prices have dropped and inventory is up. But, that doesn’t stop cranes from popping up across the city, as new buildings continue to rise. We’ve selected some of the most exciting new developments you should know about across Brooklyn and Lower Manhattan. Whether you’re shopping for views or for proximity to a park, we’ve got you covered. Let’s dig in!
1 Clinton Street
The long-awaited tower to replace the Brooklyn Heights public library is finally rising in the Brooklyn skyline. Offering 133 units across 36 floors, 1 Clinton Street is a triangular tower that is bound to become one of the crown jewels of this relaxed neighborhood. Situated in Cadman Plaza and providing both incredible park and river views, this development is infused with luxury and floor plans that will attract buyers across the spectrum. Sales are underway with 1-bedrooms starting around $1.2M, while 4-bedrooms are in the $5.2M range. The iconic limestone facade will ensure that this development will mark its place in Brooklyn’s rapidly developing condo market. Hudson Companies is the developer, and the building design rests with Marvel Architects. Any relationship to your favorite superhero? Don’t get your hopes up. Contracts are currently being signed and expected closings will take place in 2020.
See more of 1 Clinton Street in the slideshow below:
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111 Montgomery Street
Crown Heights is finally getting a building that meets the surging demand for condos as 163 units will be spread across 12 floors, with full-service luxury amenities to boot. Bordering Prospect Park and right next to the Brooklyn Botanic Gardens, the location of 111 Montgomery could not be more supreme. Prices are starting in the $500K range for studios, $600K range for 1-bedrooms and in the low $1 million range for 2-bedrooms. No confirmation yet on 3-bedroom pricing. Developers for the property are CIM Group and LIVWRK, and the architects on record are Fischer + Makooi. Currently showings are by appointment only, and that’s where you’ll get direct access to most recently available inventory and pricing. Expected move-ins will be in 2020.
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77 Greenwich Street
77 Greenwich (Photo courtesy FX Collaborative)
Just when you thought there couldn’t be any new inventory to sprout up in the Financial District, here comes 77 Greenwich Street. The 42-floor tower will encompass 90 units and include 1- to 4-bedroom layouts. What makes this development interesting is that it is also blending part of the existing, historic building into its design. While the lower floors will house retail as well as a public grade school, the upper floors will be nothing short of luxury and glass facade. Expect amazing views all around. Sales are expected to start shortly, which will allow us to get a sneak peak at pricing. Trinity Place Holdings is the developer and FXCollaborative is the architect. Interiors are being designed by the same firm that created them for 432 Park Place, Deborah Berke Partners. Expect closings to take place in 2021.
See more of 77 Greenwich Street in the slideshow below:
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100 Franklin Street
Tribeca continues to have an ever-growing cachet associated with its industrial heritage mixed with its laid-back prestige. Well, here comes 100 Franklin Street to the rescue. Designed by the increasingly popular DDG firm, this building took over a narrow parking lot and explores what is really possible with limited space. The development is actually comprised of two small connected triangular towers. With 10 full-floor apartments, these units are bound to excite buyers exploring the higher echelons of the neighborhood’s luxury market. While details aren’t readily available, rumor has it that sales will start in the $3.3M range.
See more of 100 Franklin Street in the slideshow below:
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91 Leonard Street
On the subject of Tribeca, one can’t help but notice that Toll Brothers has decided to stake its claim on downtown at 91 Leonard Street. This is Tribeca’s fastest-selling condominium building and from the looks of the building page, units are going fast. With 111 units spread across 19 floors, this development blends modernity with the neighborhood’s industrial charm. By bringing affordable luxury inventory to the neighborhood, this development stands out from the pack. Full-service with all the amenities you can hope for, inclusive of lounges, pool, fitness center, outdoor roof deck and children’s play room. Closings are underway. One-bedrooms are available from the $1.2M range all the way to 4-bedroom penthouses in the $7.99M to $10.49M range. It’s designed by Skidmore Owings & Merrill.
See more of 91 Leonard Street in the slideshow below:
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