Catsimatidis' Big Fleet Place Build Nears the Finish Line in Downtown Brooklyn
Most of the windows are in and the ground floor commercial space is emerging at 81 Fleet Place, the 15-story high rise developed by billionaire John Catsimatidis in Downtown Brooklyn. Known as “The Giovanni,” the 205-unit rental is the second building out of four planned for Myrtle Avenue between Fleet and Ashland places. Last we heard, construction was…
Most of the windows are in and the ground floor commercial space is emerging at 81 Fleet Place, the 15-story high rise developed by billionaire John Catsimatidis in Downtown Brooklyn. Known as “The Giovanni,” the 205-unit rental is the second building out of four planned for Myrtle Avenue between Fleet and Ashland places. Last we heard, construction was scheduled to wrap in the first quarter of 2015, but now it looks like the building won’t finish until summer or fall.
Catsimatidis’ Red Apple Group built the Andrea at 218 Myrtle Avenue in 2010, and excavation and foundation work is under way next door at 180 Myrtle Avenue, the third building. Eventually, the former parking lot at 180 Myrtle will become a 15-story tower with 213 apartments, 20 percent of which will be affordable. Click through for another shot of 81 Fleet Place.
What do you think of the look so far?
81 Fleet Place Coverage [Brownstoner] GMAP
Bland and non-descript but will be a much welcomed addition – particularly if the retail is useful – to this long heretofore dead stretch of myrtle. Given that it flanks thousands of midrise housing projects, the scale and materials make a lot more sense than if they had gone with “luxury” pretensions. Constructions seems to move slowly, can’t imagine the tower piece next to Toren will be completed before 2020.
Technically, the last of the four buildings will be between Prince and Fleet, not Fleet and Ashland.