Both are part of Pacific Park, originally known as Atlantic Yards, the biggest and most controversial development project in Brooklyn in decades.
The large plot of Williamsburg waterfront off North 10th Street — at one point planned to be made into a city park — has caught the eye of Hudson Yards developer Related Companies, Crain’s reported.
As if yesterday’s news that Downtown Brooklyn’s City Point project had landed an anchor tenant in Century 21 wasn’t big enough, today the Eagle brings word about the development partners that Acadia Realty Trust and Washington Square Partners have brought on for the second phase of the project: BFC Partners (Toren and, with Mr. B, 1000 Dean Street) will partner in the development of the first tower, “which will contain approximately 250 mixed-income rental units in a 50-30-20 arrangement of market-rate-middle income-low income units.” Meanwhile, the Brodsky Organization (known for a whole lot of development in Manhattan) is partnering on the second tower, which will have around 440 market-rate rentals. The story notes that both towers need to be approved by the Public Design Commission before shovels can go in the ground, and the plan is to have both towers “constructed above a five-story retail podium.”
Residential developers BFC, Brodsky Organization named for City Point Phase II [Eagle]
Century 21 is Opening at City Point on the Fulton Mall! [Brownstoner]