AUGUST 2015

B R O O K LY N

NEW
DEVELOPMENT
REPORT

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B R O O K LY N N E W D E V E L O P M E N T R E P O R T

BROOKLYN NEW DEVELOPMENT REPORT

August 2015

New Development Market Overview

Brooklyns skyline is being transformed as developers add tens of
thousands of new rental and condominium apartments to the borough.

29+20+147624

New Unit Count by Neighborhood

While Brooklyn has historically been known for its single-family houses,

Other

many of them rising 10 or more stories and dramatically changing the

built environment.

TOTAL NEW UNITS

2015

2016

2017-2019

2,700

5,000

14,000+

29%
Downtown

24%

there is a crush of buildings with 20 or more units under construction,

Brooklyn

6%

Prospect
Heights

Based on announced projects, roughly 22,000 new apartments will be

constructed in Brooklyn through 2019, a pace of building that is expected

7%
Fort

Greene

to be delivered in 2015. That number will nearly double in 2016, when

Greenpoint

approximately 5,000 apartments will be ready for occupancy. From 2017

through 2019, at least 14,000 more units are planned.
Two neighborhoods are seeing the greatest amount of new construction:
Downtown Brooklyn, where 6,400 apartments are being built, and
Williamsburg, where 4,300 new units are in the pipeline. Large-scale
development projects in other neighborhoodssuch as Greenpoint
Landing in Greenpoint and Pacific Park in Prospect Heightswill also

20%
Williamsburg

14%

to reach a 10-year high in 2016. Around 2,700 new units are expected

NEIGHBORHOOD

# OF UNITS

Downtown Brooklyn

6,412

Williamsburg

4,341

Greenpoint

3,008

Fort Greene

1,546

Prospect Heights

1,304

Other

5,211

result in thousands of new apartments.

New Unit Growth Year by Year

6,000

# OF UNITS

5,000
4,500
3,000
2,000
1,000

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018*

2019*

NOTES : - Additional deliveries expected; data includes only buildings that have been announced or permitted.
- Only new developments with 20 or more units are included.

BROOKLYN NEW DEVELOPMENT REPORT

August 2015

New Buildings by Neighborhood

NEW DEVELOPMENT KEY:

20 UNITS

800+ UNITS

PRE-2019 COMPLETION DATE

POST-2019 COMPLETION DATE

Unit Count
# OF UNITS

# OF BUILDINGS

# OF UNITS

# OF BUILDINGS

Downtown Brooklyn

6,412

23

Crown Heights

671

Williamsburg

4,341

Greenpoint

3,008

27

Bedford-Stuyvesant

413

15

Prospect Lefferts Gardens

341

Fort Greene
Prospect Heights

1,546

Clinton Hill

307

1,304

Park Slope

247

Gowanus

1,085

DUMBO

187

Bushwick

884

Boerum Hill

159

Brooklyn Heights

774

Windsor Terrace

73

NEIGHBORHOOD

NEIGHBORHOOD

NOTES : - Additional deliveries expected; data includes only buildings that have been announced or permitted.
- Only new developments with 20 or more units are included.

BROOKLYN NEW DEVELOPMENT REPORT

August 2015

Development Visualized
The largest buildings planned in Brooklyn, and the effect they will have on the boroughs skyline, are shown below.

Downtown Brooklyn through 2019

Looking North

11
8
2

10
6

12
3

117 Livingston Street

110 Units | Quinlan Development Group, Heights Advisors

Jay Street Residences, 120 Nassau Street

The Boerum, 265 State Street

Ava DoBro, 100 Willoughby Street

210 Livingston Street

10

436 Albee Square

150 Units | Albee Square LLC

138 Willoughby Street (City Point)

7 Dekalb Avenue (City Point)
336 Flatbush Avenue Ext (City Point)

11

340 Flatbush Avenue Extension

392 Units | JDS Development, Chetrit Group

12

17

285 Schermerhorn Street

106 Units | 2nd Development Services, Heights Advisors

14

319 Schermerhorn Street

74 Units | Adam America

15

The Hub, 333 Schermerhorn Street

740 Units | Steiner Development

16

440 Units | Brodsky Organization

349 Units | Benenson Capital Partners, Rose Associates

13

250 Units | BFC, Washington Square, Acadia

861 Units | AvalonBay

420 Albee Square

500 Units | Extell

128 Units | Flank

14

13

248 Units | JEMB Realty

270 Units | AmTrust Realty

16

15

The Ashland, 250 Ashland Place

586 Units | Gotham Organization, DT Salazar

17

BCD:A, 15 Lafayette Avenue

116 Units | Jonathan Rose Companies

33 Bond Street
714 Units | TF Cornerstone

BROOKLYN NEW DEVELOPMENT REPORT

August 2015

Development Visualized, cont.

Downtown Brooklyn through 2019
Looking West

11
14
7
6

13

12

15 16 17

18
19

10
9

3
2
1

550 Vanderbilt Avenue (Pacific Park)

278 Units | Greenland Forest City Partners

535 Carlton Avenue (Pacific Park)

38 Sixth Avenue (Pacific Park)

461 Dean Street (Pacific Park)

10

470 Vanderbilt Avenue

11

286 Ashland Place (BAM Cultural District)

12

The Hub, 333 Schermerhorn Street

740 Units | Steiner Development

340 Flatbush Avenue

7 Dekalb Avenue (City Point)
250 Units | BFC, Washington Square, Acadia

13

379 Units | Two Trees

33 Bond Street

86 Fleet Place
440 Units | Red Apple Group

17

The Giovanni, 81 Fleet Place

205 Units | Red Apple Group

18

392 Units | JDS Development, Chetrit Group

376 Units | GFI Development

16

714 Units | TF Cornerstone

363 Units | Forest City Ratner

BCD:A, 15 Lafayette Avenue

141 Willoughby Street

TBD Units | Savanna Partners

116 Units | Jonathan Rose Companies

307 Units | Greenland Forest City Partners

15

586 Units | Gotham Organization

298 Units | Greenland Forest City Partners

The Ashland, 250 Ashland Place

51 Jay Street
74 Units | Slate Property Group, Adam America

19

10 Jay Street
56 Units | Glacier Global Partners, Triangle Assets

336 Flatbush Avenue Extension (City Point)

440 Units | Brodsky Organization

14

138 Willoughby Street (City Point)

500 Units | Extell

BROOKLYN NEW DEVELOPMENT REPORT

August 2015

Development Visualized, cont.

Williamsburg and Greenpoint
Looking Northeast

GREENPOINT
5 6

WILLIAMSBURG
7

SOUTH
WILLIAMSBURG

1 87 Commercial Street

6 The Edge, 2 North 6th Place

296 Units | Chetrit Group

2 Greenpoint Landing (10 Buildings)

63 Units | Mona Gora, Golden Lioness

7 Domino Sugar (5 Buildings)

5,500 Units | Park Tower Group, L+M Development

12 190 South 1st Street

2,300 Units | Two Trees

3 145 West Street

32 Units | Adam America

8 420-430 Kent Avenue

605 Units | Palin Enterprises, Mack Real Estate

13 282 South 5th Street

856 Units | Spitzer Enterprises

4 18 India Street

82 Units | Midwood Investment & Development

9 Rose Plaza on the River, 462-490 Kent Avenue

TBD Units | RedSky Capital, JZ Capital Partners

216 Units | XIN Development

5
7
10

59 Units | Chetrit Group

10 The Oosten, 429 Kent Avenue

509 Units | Douglaston Development

14 500 Metropolitan Avenue

754 Units | Isack Rosenberg

5 1N4th, 1 North 4th Street

11 The Williamsberry, 338 Berry Street

554 Units | Douglaston Development

3 4 2

GREENPOINT
12

11

14
13

WILLIAMSBURG

Looking Northwest
6

BROOKLYN NEW DEVELOPMENT REPORT

August 2015

Largest Brooklyn Developments

Pacific Park
6,430 UNITS | 14 RESIDENTIAL BUILDINGS

Pacific Parkthe large-scale development project formerly known as Atlantic Yardswill bring 6,430 new units of housing to Prospect Heights.
At present, four of the 14 new residential buildings planned as part of the Barclays Center-anchored project are under construction: 535 Carlton
Avenue, 550 Vanderbilt Avenue, 461 Dean Street and 38 Sixth Avenue. The 18-story building at 535 Carlton Avenue will have 298 units, all of which
will be made available to low, moderate- and middle-income renters. The 17-story building at 550 Vanderbilt Avenue will have 278 market-rate
condominiums. At the 32-story 461 Dean Street, which will be the worlds tallest modular building, there will be 363 units. The 23-story rental
tower at 38 Sixth Avenue will have 307 units that will be rented to low, moderate- and middle-income residents.

Greenpoint Landing
5,500 UNITS | 10 RESIDENTIAL BUILDINGS

Construction has recently begun on Greenpoint Landing, a project that will eventually consist of 10 buildings with 5,500 apartments, 1,400 of
which will be designated affordable housing. The development will also have a 640-seat school, retail space and new parkland. Building has
started on two of the affordable structures in the complex, 21 Commercial Street, which will have 93 units, and 33 Eagle Street, which will have
98 rentals. Meanwhile, developer Park Tower Group has filed permit applications for two of the sites future high-rises, the 30-story building at 37
Blue Slip, which will have 372 units, and the 39-story building at 41 Blue Slip, which will have 401 apartments.
7

BROOKLYN NEW DEVELOPMENT REPORT

August 2015

Largest Brooklyn Developments, cont.

Domino Sugar
2,300 UNITS | 5 RESIDENTIAL BUILDINGS

Plans for the redevelopment of the Domino Sugar refinery on the Williamsburg waterfront call for 2,300 new apartments, nearly a half-million
square feet of commercial space, a school and public open spaces. The first of the sites residential structures in now being built, a 16-story building
at 325 Kent Avenue that will have 522 units.

City Point
1,190 UNITS | 3 RESIDENTIAL BUILDINGS
City Point, the mixed-use project in Downtown
Brooklyn, has been under construction since
2007, and already consists of a mall with tenants
that include Century 21. Two of City Points
residential components are currently being built,
a 440-unit building and a 250-unit building,
both on Flatbush Avenue Extension. Extell
Development has announced it will develop a
mixed-use building as part of the projects final
phase that will consist of retail, office space and
500 apartments in a tower that could rise up
to 60 stories, which would make it the tallest
building in Brooklyn.

BROOKLYN NEW DEVELOPMENT REPORT

August 2015

Largest Brooklyn Developments, cont.

Rheingold Brewery
970 UNITS | 10 RESIDENTIAL BUILDINGS
The former Rheingold Brewery in Bushwick was rezoned in 2013 to allow for the development of 977 units in 10 buildings. Developers Read
Property Group and Rabsky Development have filed permits for three of the new buildings on the site: 10 Montieth Street, which will have 392
units; 123 Melrose Street, which will have 385 apartments; and 115 Stanwix Street, which will have 130 rentals. Planned amenities at 10 Montieth
Street include urban farming areas, a screening room and coworking spaces.

420-430 Kent Avenue

856 UNITS | 3 RESIDENTIAL BUILDINGS
One of the largest residential projects under
development on the Williamsburg waterfront is a
$700 million, three-tower rental complex at 420430 Kent Avenue. Spitzer Enterprises, the firm
now helmed by former Governor Eliot Spitzer, is
constructing the 856-apartment development.
The South Williamsburg towers will rise 24 stories
and include luxury amenities such as rooftop
swimming pools.

BROOKLYN NEW DEVELOPMENT REPORT

August 2015

New Developments by Number of Units

The buildings below represent the largest planned residential projects in Brooklyn through 2019. Several of the biggest buildingssuch
as AvaDoBro at 100 Willoughby Street, Rose Plaza on the River and The Hub at 333 Schermerhorn Streetwill have more than 500 units.
Buildings that are part of the biggest development complexes but that will not be built by 2019 are examined in greater detail in Largest
Brooklyn Development Projects (pp. 7-9).

NEW DEVELOPMENT
Ava DoBro, 100 Willoughby Street
420-430 Kent Avenue
The Hub, 333 Schermerhorn Street
33 Bond Street
363-365 Bond Street
145 West Street
The Ashland, 250 Ashland Place
2 North Sixth Place (The Edge)
325 Kent Avenue (Domino Sugar)
1N4th, 1 North 4th Place
138 Willoughby Street (City Point)
336 Flatbush Avenue Extension (City Point)
86 Fleet Place
41 Blue Slip (Greenpoint Landing)
49-93 Dupont Street
10 Monteith Street (Rheingold Brewery)
123 Melrose Street (Rheingold Brewery)
286 Ashland Place
37Blue Slip (Greenpoint Landing)
461 Dean Street (Pacific Park)
210 Livingston Street
38 Sixth Avenue (Pacific Park)
535 Carlton Avenue (Pacific Park)
87 Commercial Street
550 Vanderbilt Avenue (Pacific Park)
Jay Street Residences, 120 Nassau Street
626 Flatbush Avenue
7 Dekalb Avenue (City Point)
420 Albee Square
77 Commercial Street
The Oosten, 429 Kent Avenue
The Andrea, 180 Myrtle Avenue
The Giovanni, 81 Fleet Place
85 Commercial Street
211 McGuinness Boulevard
755 Kent Avenue
247 North 7th Street
267 Rogers Avenue
149 Kent Avenue
1 Flatbush Avenue
436 Albee Square
535 Fourth Avenue
505 Saint Marks Avenue
1515 Bedford Avenue
504 Myrtle Avenue

# OF UNITS

NEIGHBORHOOD

861
856
740
714
700
605
586
554
522
509
500
440
440
401
400
398
385
379
372
363
349
307
298
296
278
270
254
250
248
224
216
213
205
200
197
177
169
165
164
157
150
148
147
144
141

Downtown Brooklyn
Williamsburg
Downtown Brooklyn
Downtown Brooklyn
Gowanus
Greenpoint
Fort Greene
Williamsburg
Williamsburg
Williamsburg
Downtown Brooklyn
Downtown Brooklyn
Downtown Brooklyn
Greenpoint
Greenpoint
Bushwick
Bushwick
Fort Greene
Greenpoint
Prospect Heights
Downtown Brooklyn
Prospect Heights
Prospect Heights
Greenpoint
Prospect Heights
Downtown Brooklyn
Prospect Lefferts Gardens
Downtown Brooklyn
Downtown Brooklyn
Greenpoint
Williamsburg
Downtown Brooklyn
Fort Greene
Greenpoint
Greenpoint
Williamsburg
Williamsburg
Crown Heights
Williamsburg
Downtown Brooklyn
Downtown Brooklyn
Gowanus
Crown Heights
Crown Heights
Clinton Hill

BUILDING
TYPE

DEVELOPER

Rental
AvalonBay
TBD
Spitzer Enterprises
Rental
Steiner Development
Rental
TF Cornerstone
Rental
Lightstone Group
Rental, Condo
Palin Enterprises, Mack Real Estate
Rental
Gotham Organization
TBD
Douglaston Development
Rental
Two Trees
Rental
Douglaston Development
Rental
Extell
Rental
Brodsky Organization
TBD
Red Apple Group
TBD
Park Tower Group, L+M Development
TBD
Experta Group
Rental
Rabsky Group
TBD
Read Property Group
Rental
Two Trees
TBD
Park Tower Group, L+M Development
Rental
Forest City Ratner
Rental
Benenson Capital Partners, Rose Associates
Rental
Greenland Forest City Partners
Rental
Greenland Forest City Partners
TBD
Chetrit Group
Condo
Greenland Forest City Partners
Rental
AmTrust Realty
Rental
Hudson Companies
BFC Partners, Washington Square Partners, Acadia Realty
Rental
TBD
JEMB Realty
TBD
Chetrit Group
Condo
XIN Development
Rental
Red Apple Group
Rental
Red Apple Group
TBD
Chetrit Group
Rental
Stellar Management
TBD
Rabsky Group
Rental
Adam America
TBD
Heights Advisors
Rental
L+M Development
Rental
Slate Property Group
TBD
Albee Square LLC
TBD
Adam America, Slate Property Group
Rental
Realty Within Reach
TBD
Realty Within Reach
Rental
Madison Realty Capital

ANTICIPATED
COMPLETION
Q3 2015
2018
2017
2017
2016
2017
2016
2019
2017
Q1 2015
2019
2016
2017
2019
2019
2019
2018
2017
2019
2016
2018
2017
2016
2018
2016
2016
2016
Q4 2015
2018
2018
2016
2016
2016
2018
2018
2017
Q2 2015
2018
2017
2017
2018
2017
2016
2018
2018

NOTES : - Additional deliveries expected; data includes only buildings that have been announced or permitted.
- Only new developments with 20 or more units are included.

10

BROOKLYN NEW DEVELOPMENT REPORT

NEW DEVELOPMENT
125 Borinquen Place
The Boerum, 265 State Street
248 Duffield Street
1134 Fulton Street
BCD:A, 15 Lafayette Avenue
117 Livingston Street
285 Schermerhorn Street
Pierhouse, 90 Furman Street
237 11th Street
470 Fourth Avenue
482 Franklin Avenue
33 Eagle Street (Greenpoint Landing)
120 Union Avenue
223 North 8th Street
21 Commercial Street (Greenpoint Landing)
The Refinery, 490 Myrtle Avenue
33 Lincoln Road
Lewis Steel Building, 76 North 4th Street
282 South 5th Street
781 Metropolitan Avenue
275 Fourth Avenue
84 North 3rd Street
Rocket Factory Lofts, 100 South Fourth Street
319 Schermerhorn Street
51 Jay Street
22 Caton Place
160 Imlay Street
785 Dekalb Avenue
225 Fourth Avenue
146 Pierrepont Street
420 Lexington Avenue
600 Bushwick Avenue
60 Duffield Street
The Williamsberry, 338 Berry Street
172 Montague Street
153 Remsen Street
500 Metropolitan Avenue
Forty2East, 42 Maspeth Avenue
72 Box Street
406 Manhattan Avenue
66 Ainslie Street
502 Waverly Avenue
613 Baltic Street
10 Jay Street
Hello Sterling, 834 Sterling Place
1 John Street
308 North 7th Street
692 Bushwick Avenue
Bergen House, 954 Bergen Street
Hancock Manor, 410 Tompkins Avenue
212 North 9th Street
190 South First Street
610 Warren Street
472 Atlantic Avenue
280 Metropolitan, 280 Metropolitan Avenue
800 Union Street

August 2015

# OF UNITS

NEIGHBORHOOD

BUILDING
TYPE

DEVELOPER

ANTICIPATED
COMPLETION

133
128
120
119
116
110
106
106
105
101
100
98
96
95
93
91
87
83
82
81
78
75
75
74
74
73
70
70
68
68
65
64
64
63
62
60
59
53
50
50
50
48
47
46
46
42
38
37
36
35
33
32
31
30
28
28

Williamsburg
Boerum Hill
Downtown Brooklyn
Bedford-Stuyvesant
Downtown Brooklyn
Downtown Brooklyn
Downtown Brooklyn
Brooklyn Heights
Gowanus
Gowanus
Bedford-Stuyvesant
Greenpoint
Williamsburg
Williamsburg
Greenpoint
Clinton Hill
Prospect Lefferts Gardens
Williamsburg
Williamsburg
Williamsburg
Park Slope
Williamsburg
Williamsburg
Downtown Brooklyn
Dumbo
Windsor Terrace
Red Hook
Bedford-Stuyvesant
Park Slope
Brooklyn Heights
Bedford-Stuyvesant
Bushwick
Downtown Brooklyn
Williamsburg
Brooklyn Heights
Brooklyn Heights
Williamsburg
Williamsburg
Greenpoint
Williamsburg
Williamsburg
Clinton Hill
Park Slope
Dumbo
Crown Heights
Dumbo
Williamsburg
Bushwick
Crown Heights
Bedford-Stuyvesant
Williamsburg
Williamsburg
Gowanus
Boerum Hill
Williamsburg
Park Slope

TBD
Condo
Rental
Rental
Rental
TBD
TBD
Condo
TBD
Rental
Rental
Rental
Rental
TBD
Rental
Rental
Rental
Rental
Rental
Rental
Rental
TBD
Rental
Condo
Condo
Rental
Condo
Rental
Rental
TBD
Rental
Rental
Rental
Condo
Rental
TBD
TBD
Condo
TBD
TBD
Rental
Condo
Condo
Condo
Condo
Condo
TBD
Rental
Condo
Rental
Condo
TBD
TBD
Condo
Condo
Rental

Grand Residences LLC

Flank
United American Land
Fulton Street Holdings
Jonathan Rose Companies
Quinlan Development Group, Heights Advisors
Second Development Services, Heights Advisors
Toll Brothers
Slate Property Group
Adam America
Realty Within Reach
Park Tower Group, L+M Development
Adam America,Slate Property Group
Westbrook Partners
Park Tower Group, L+M Development
Madison Realty Capital
Anderson Associates
Cayuga Capital Partners, Jacob Toll
Midwood Investment & Development
Adam America
Adam America, Slate Property Group
94 North Street Realty
Meadow Partners
Adam America
Adam America, Slate Property Group
Hudson Companies
Est4te Four
SSJ Development
Greystone Property Development
Jonathan Rose Companies
The Iconic Group
Cayuga Capital Partners
Read Property Group
Golden Lioness
Bonjour Capital
Quinlan Development Group
Chetrit Group
The Bondee Group
Fulton Hill Corner LLC
Rabsky Group
Slate Property Group
Orange Management
JDS Development
Glacier Global Partners, Triangle Assets
Hello Living
Alloy Development, Monadnock Development
Adam America
Asy Holding Group
Brookland Capital
Vasco Ventures
Fortis Property Group
Adam America
Adam America
Avery Hall Investments, Aria Development Group
CB Developers, SK Development
Lewis Meltzer

2017
2016
2016
2018
2017
2018
2017
2016
2017
2017
Q3 2015
2016
2017
2017
2016
Q2 2015
Q4 2015
Q3 2015
2016
2017
2018
2019
Q2 2015
2018
2016
Q2 2015
2016
Q4 2015
2017
2017
2017
2017
Q3 2015
2016
Q4 2015
2018
2017
Q4 2015
2016
2018
2018
2017
2017
2017
Q4 2015
2016
2017
Q2 2015
2016
2018
2016
2017
2017
2017
2017
2018

NOTES : - Additional deliveries expected; data includes only buildings that have been announced or permitted.
- Only new developments with 20 or more units are included.

11

BROOKLYN NEW DEVELOPMENT REPORT

NEW DEVELOPMENT
531 Myrtle Avenue
137 Bayard Street
271 Fourth Avenue
212 North 4th Street
Waterbridge 47, 47 Bridge Street
95 South 5th Street
88 Schermerhorn Street

August 2015

# OF UNITS

NEIGHBORHOOD

BUILDING
TYPE

DEVELOPER

ANTICIPATED
COMPLETION

27
27
26
25
25
23
23

Clinton Hill
Greenpoint
Park Slope
Williamsburg
Dumbo
Williamsburg
Downtown Brooklyn

Rental
TBD
TBD
Rental
Condo
TBD
TBD

Greystone Property Development

Velocity Framers
Juneng Zhao
All Year Management
Greystone Property Development
Horrigan Development
Second Development Services

2018
2017
2018
Q1 2015
2016
2017
2018

# OF UNITS

NEIGHBORHOOD

BUILDING
TYPE

DEVELOPER

ANTICIPATED
COMPLETION

392
376
339
139
133
75
58
25
24
20
TBD
TBD

Downtown Brooklyn
Fort Greene
Brooklyn Heights
Brooklyn Heights
Crown Heights
Downtown Brooklyn
Prospect Heights
Greenpoint
Bedford-Stuyvesant
Greenpoint
Downtown Brooklyn
Greenpoint

TBD
Rental
Condo/Rental
Condo
TBD
TBD
Rental
TBD
TBD
TBD
Rental
TBD

JDS Development, Chetrit Group

GFI Development
RAL, Oliver's Realty
Hudson Companies
Adam America
ACHS Management
PRD Realty
Corner Freeman
Guy Iber
56 Box LLC
Savanna Partners
RedSky Capital, JZ Capital Partners

2019
2019
2019
2019
2018
2018
2018
2019
2019
2017
2019
2019

Proposed
NEW DEVELOPMENT
340 Flatbush Avenue Extension*
470 Vanderbilt
Pier 6, Brooklyn Bridge Park
280 Cadman Plaza West
1525 Bedford Avenue
60 Boerum Place
215Flatbush Avenue
215 Freeman Street
335 Nostrand Avenue
56 Box Street
141 Willoughby Street
18 India Street

In the Pipeline : Post-2019

NEW DEVELOPMENT
Pacific Park
Greenpoint Landing
Domino Sugar
Rose Plaza, 462-490 Kent Avenue
Rheingold Brewery

# OF UNITS

NEIGHBORHOOD

5,190 (of 6,430 total)

4,036 (of 5,500 total)
1,778 (of 2,300 total)
754
187 (of 970 total)

Prospect Heights
Greenpoint
Williamsburg
Williamsburg
Bushwick

BUILDING
TYPE
10 Additional Buildings
6 Additional Buildings
4 Additional Buildings
5 Additional Buildings
8 Additional Buildings

DEVELOPER
Greenland Forest City Partners
Park Tower Group, L+M Development
Two Trees
Isack Rosenberg
Rabsky Group, Read Property Group

*As of 8/7/15, it was reported that developers had acquired air rights to construct a tower rising more than 1,000 feet,
but the most recent permits filed with the city indicate a building rising 65 stories and containing 392 units.

NOTES : - Additional deliveries expected; data includes only buildings that have been announced or permitted.
- Only new developments with 20 or more units are included.

12

Methodology
CityRealty data for Brooklyn includes projections for the following neighborhoods: Downtown Brooklyn,
Williamsburg, Greenpoint, Prospect Heights, Crown Heights, Fort Greene, Gowanus, Park Slope, Windsor Terrace,
Dumbo, Clinton Hill, Brooklyn Heights, Boerum Hill, Bedford-Stuyvesant, Bushwick and Red Hook.
For the purposes of this report, only new developments with 20 or more units planned were considered.
Conversions of existing residential buildingssuch as rentals into condominiumswere not included. However,
conversions of commercial spaces into residential buildings were included in the report.
The report mainly surveys buildings planned through 2019 but notes larger projects for which some details have
been announced on page 13: Proposed and In the Pipeline."
Unit counts in all surveyed buildings are subject to change as development progresses.
Gabby Warshawer, CityRealty Director of Research and Communications, welcomes any questions and comments
regarding the New York City real estate market. She can be reached at [email protected] or by phone at
212-209-8809.

Visit us at www.cityrealty.com for more sales information.

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