Downtown Brooklyn development continues to boom, as the latest tower from Red Apple Group — headed by former mayoral candidate and Gristedes CEO John Catsimatidis — nears completion.
The rounded, glassy tower at 86 Fleet Place is the last of four along Myrtle Avenue in the works for at least a decade. It sits next to the distinctive Toren, one of the first Downtown condos, and a block from City Point.
All but the ground-floor glass windows are in place, and a construction elevator remains active on the Myrtle Avenue side of the building. Scaffolding covers the street level, and work still needs to be done on the building’s entrances.
The building is a rounded, glassy tower with a wider base. Balconies rise toward the top of the building on either side of the curved edge that faces the corner of Fleet Place and Myrtle Avenue.
In January, an affordable housing lottery took place for 29 affordable apartments in the building. The building stands 32 stories, and will house 440 units when finished.
Amenities in the building will include a gym, a common party room, lounge area, children’s playroom and roof deck. The building will also include more than 10,000 square feet of shops on the ground floor.
The new building brings not only another glassy edifice to Downtown Brooklyn, but also hundreds more residents as well as shopping to the area, where Trader Joe’s and DeKalb Market Hall recently opened at City Point.
Red Apple Group, started by Catsimatidis as a grocery store in the 1970s, is a real estate and aviation company with hundreds of millions of dollars in holdings. The building at 86 Fleet Place was designed by Goldstein, Hill and West Architects, a global firm that also had a hand in the nearby mixed-income tower The Hub at 333 Schermerhorn Street.
Red Apple Group’s other Downtown Brooklyn residential towers are The Margo (180 Myrtle Avenue, named for his wife), The Giovanni (81 Fleet Place, named for his son) and The Andrea (218 Myrtle Avenue, named for his daughter.)
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