BROOKLYN, NY-Building on the momentum it gained in May, Greenpoint Landing received a big, and important, nod of approval Wednesday morning. The project—which had been dormant for several years before its plans were presented at a public meeting this spring—was unanimously approved by the City Planning Commission.
The plan calls for 5,500 apartments spread across up to two dozen buildings, including 10 luxury towers, the paper reports. The project also includes plans for 174,000 square feet of publicly accessible open space. In addition, the complex will be well protected from storms with a tiered shore public walkway along the length of the development. The design also will include a series of specific activities or amenities along the waterfront, including a natural play area, a publicly accessible lawn, and a reconstructed Green Street Pier.
Planning started over a decade ago, and developer Park Tower Group started working on honing its plan after a rezoning in 2005, according to Crain's New York Business. But just when the developer was getting ready to build, the recession hit.
The developer hopes to break ground on the first tower in December or January, and then starting in June, the project will have to go through a six-month long public review process.
Known officially as Greenpoint Landing, the towers could be built as of right, because of rezoning. Park Tower will include a city-owned parcel and build up to 431 affordable-housing units that were promised by Mayor Michael Bloomberg's administration, says Crain's.
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
