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  #1081  
Old Posted Dec 5, 2017, 4:10 AM
vandelay vandelay is offline
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If only the panels between the windows on 535 Carlton were gray like the renderings it would be a much better looking tower. It does play off nicely with the neighboring tower by the Brooklyn Tech playing field, it would look much better if it played off of 550 Vanderbilt.

It'll still age fine thanks to the great street level design.
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  #1082  
Old Posted Dec 5, 2017, 6:28 PM
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550 Vanderbilt looks nice; classy if a bit boring. 461 Dean looks nice from the stadium side but is a mess from behind. 535 Carlton is wretched - lol. And we all thought SHoP could do no wrong...
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  #1083  
Old Posted Dec 5, 2017, 6:49 PM
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Quote:
Originally Posted by Zerton View Post
550 Vanderbilt looks nice; classy if a bit boring. 461 Dean looks nice from the stadium side but is a mess from behind. 535 Carlton is wretched - lol. And we all thought SHoP could do no wrong...
535 Carlton and 550 Vanderbilt were designed by Cookfox. SHoP is responsible for the Stadium encroaching towers, which aren't eye-pleasers themselves.

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  #1084  
Old Posted Jan 16, 2018, 1:00 AM
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Forest City to sell all but 5% of Pacific Park to Greenland USA



Quote:
The real estate development company founded by Bruce Ratner, which launched Brooklyn’s Pacific Park mega-complex 13 years ago, will reduce its stake in the $5 billion project to a mere 5 percent, The Post has learned.

Forest City New York’s partner, Greenland USA, will increase its stake to 95 percent from 70 percent in the restructuring, sources said, firmly putting the subsidiary of China’s Greenland Group in the driver’s seat at Pacific Park — previously known as Atlantic Yards.

Greenland intends to move forward swiftly with plans for a new apartment building at Atlantic and Sixth avenues, next door to Barclays Center, with a groundbreaking in 2019, sources said.

The restructuring could be announced as soon as this week. It marks the latest twist in the drawn-out and contentious saga of Pacific Park, which has seen as much drama as most Nets games at the 5-year-old arena.
=======================
https://nypost.com/2018/01/14/bruce-...-pacific-park/
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  #1085  
Old Posted Jan 16, 2018, 1:37 AM
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Hopefully Greenland will pick better designs.
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  #1086  
Old Posted Jan 16, 2018, 1:21 PM
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Those multi-color blockish towers just look so amateurish. Very Gene Kaufman-esque, which is not a good thing.
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  #1087  
Old Posted Jan 16, 2018, 4:04 PM
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YIMBY has an article on this, and a new rendering. Have to say, rendering looks A+.

Edit : Per the developer designs are not final, these are placeholders but give an idea of massing/scale.

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  #1088  
Old Posted Sep 26, 2018, 5:11 PM
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Pacific Park’s next phase of development makes progress

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Developer Greenland Forest City Partners announced a partnership with TF Cornerstone and the Brodsky Organization, to develop some of the sites at the megaproject.

As part of the agreement, Greenland Forest City Partners will sell 615 (parcel B12) and 595 (parcel B13) Dean Streets to TF Cornerstone; and 664 Pacific Street (parcel B15) to Brodsky. The sales are expected to close by the end of this year. Together, the three sites will see the creation of three rental buildings, one new school, and public open space.

Greenland Forest City Partners also announced that it’s now ready to move forward with work at the B4 site, next to the Barclays Center.
18 Sixth Avenue - B4 | 511ft



664 Pacific Street - B15 - 272ft

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  #1089  
Old Posted Oct 9, 2018, 9:12 PM
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Pacific Park got a new low-income investor last year: 535 Carlton has new backing



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Pacific Park’s 535 Carlton got a new investor last year.

The 298-unit building was developed by two entities, one in charge of the moderate- and middle-income units and another in charge of the 90 low-income units. The latter, the “Affordable Owner,” was taken over by a new “Investment Member” in July 2017, the Atlantic Yards/Pacific Park Report reported, citing a document from property records. That new investment member is called the U.S.A. Institutional 80-20 Tax Credit Fund VIII LP, an entity owned by an affiliate of the Richman Group and Tandem CDE, a subsidiary of Signature Bank that specializes in transactions involving the low-income housing tax credits.

The new investment member is making a capital contribution to pay back a $23.7 million loan that was provided to the affordable owner entity, the report said.


[...]



Elsewhere in Pacific Park, TF Cornerstone and the Brodsky Organization are taking over three development sites from Greenland USA and plan to build more than 1,000 new apartments. According to a previous report, the Brodsky Organization is buying the development lease at 664 Pacific Street, where it plans to build a 300-unit rental building.
======================
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  #1090  
Old Posted Apr 6, 2019, 3:28 PM
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Pilings And Excavation Begin At 37 Sixth Avenue In Prospect Heights, Brooklyn





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Three piling machines and two excavators have been set up at 37 Sixth Avenue in Prospect Heights, Brooklyn. The upcoming 343,788-square-foot, mixed-use building will rise 26 stories and bring 323 rental units to the neighborhood. The property sits at the corner of Dean Street and Sixth Avenue and is directly to the east of Barclays Center. Marvel Architects is the designer and the Brodsky Organization is the developer. An updated rendering was also posted on the construction fence. The project is alternately addressed 495 Dean Street and 664 Pacific Street.

The new design includes subtle tweaks to the elevations above the podium floors. The window arrangements are more neatly organized and aligned than in the first iteration from three years ago. The outside colors of the building have also been slightly adjusted to distinguish and divide each section of the structure’s massing as multiple indented and protruding volumes. There will be a 616-seat, 69,858-square-foot public middle school that will span the first five floors and two below-grade levels. Amenities will include a gym, indoor and outdoor residential lounges, and a children’s playroom.

This structure is one of multiple buildings in the Pacific Park mega-development.

A formal completion date for 37 Sixth Avenue has not yet been announced.
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  #1091  
Old Posted Apr 24, 2019, 2:11 AM
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Brodsky Org picks up a second Pacific Park development site

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After picking up a 300-unit apartment development site at Pacific Park last year, the Brodsky Organization is expanding its footprint at the long-delayed mega-complex with another 859-unit site next to Barclays Center.

The developer has entered into a joint venture with the project’s master developer Greenland Forest City Partners to develop 18 Sixth Avenue, the New York Post reported. The project is set to break ground within the next two weeks.

Brodsky “bought a significant piece and will manage development,” Greenland Forest City executive vice-president Scott Solish told the Post. Greenland remains the majority shareholder of the joint-venture.

The Brodsky Organization bought the development lease at 664 Pacific Street from Greenland last September, with plans to build a 300-unit rental building. TF Cornerstone picked up two sites at the complex as well, renewing some of the momentum at the 13-year-old project where just 5 of a planned 15 buildings have been completed so far.

18 Sixth Avenue, at a cost of $640 million, is expected to be finished in 2022, while the remainder of the project may take until 2035 to complete.
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  #1092  
Old Posted May 29, 2019, 3:39 AM
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TF Cornerstone lands financing for Pacific Park dev sites

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M&T Bank loaned nearly $75 million to TF Cornerstone for the developer’s newly acquired Pacific Park sites, according to property records filed with the city on Tuesday.

The fee and leasehold mortgage covers two parcels at 595 and 615 Dean Street, about two blocks from the Barclays Center in Prospect Heights.

The Elghanayan family’s TF Cornerstone, known for developing properties in Manhattan and Queens, plans to construct two towers on the site that will have 800 apartments, retail and more than 70,000 square feet of open space. Empire State Development Corporation is leasing the land to TF Cornerstone, and the deal will convert to ownership once construction is done.

TF Cornerstone, ESD and M&T Bank did not immediately return requests for comment.
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  #1093  
Old Posted Aug 30, 2019, 10:23 PM
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  #1094  
Old Posted Sep 8, 2019, 3:34 PM
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  #1095  
Old Posted Oct 1, 2019, 3:28 AM
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https://nypost.com/2019/09/30/brookl...to-fast-track/

Brooklyn’s Pacific Park moves to fast track





By Steve Cuozzo
September 30, 2019


Quote:
Brooklyn’s Pacific Park, which was slow in coming after it was launched 14 years ago as Atlantic Yards, has finally hit the fast track.

Greenland Forest City Partners, which controls development rights to many of the complex’s building sites, plans to start construction in 2020 of a long-awaited platform over the site’s sunken LIRR train yard, the Greenland group’s Executive VP Scott Solish said.

Of 15 planned buildings, only five have opened so far. But a sixth is going up now, and the completed deck will finally allow work to start on three more to rise along the complex’s Atlantic Avenue side between Sixth Avenue and Pacific Street.

The development partnership also shared for the first time an image of four new apartment towers and a public park on the 22-acre site east of Barclays Center where Atlantic and Flatbush avenues converge.

One tower, 18 Sixth Avenue, is under construction and due to open in late 2021 or early 2022. That $649 million project is a joint venture of Greenland Forest City Partners and the Brodsky Organization, as The Post first reported.

The three towers to the east of it are being developed by the Greenland group alone. Brodsky is separately also working on another Pacific Park tower, 664 Pacific Street, while TF Cornerstone has development rights to two other sites.
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  #1096  
Old Posted Nov 20, 2019, 9:49 PM
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New Renderings Unveiled For TFC’s 615 And 595 Dean Street In Brooklyn’s Pacific Park



Quote:
Yesterday TF Cornerstone revealed new renderings for 615 and 595 Dean Street, images depicting how 800 residential units, 72,600 square feet of public open space, and ground-floor retail will come together as part of the Pacific Park complex in Prospect Heights. Designed by Handel Architects, 615 and 595 Dean Street will also include 455 underground parking spaces and a Chelsea Piers Field House, the first in Brooklyn.

The renderings show a street-level masonry façade contextual with the neighborhood, rising setbacks, a crown of photovoltaic panels, and landscaped green roof spaces. The two developments will bookend the park’s entrances. Included in the public open space designed by MNLA is a playground, lawn, and dog run. Located on the western side of the site will be a playground for children of all ages, small gathering spaces, a picnic grove, and dog run. The eastern plaza will have an expansive central lawn surrounded by walkways, a fountain, and shaded woodland garden.

Both 615 and 595 Dean Street are set to achieve the LEED Silver sustainability rating. No completion dates have been announced.
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  #1097  
Old Posted Dec 18, 2019, 4:30 PM
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B4 (18 Sixth) is still chugging along nicely, found some more renders on Greenland USA site. Construction project wide is definitely picking up steam as per the fast track order ------------------------------------------------------>



https://greenlandusa.com/news/greenl...-park-brooklyn



https://medium.com/@SiyiSylvia/us-ch...e-1040953fff00





https://atlanticyardsreport.blogspot.com/
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  #1098  
Old Posted Dec 28, 2019, 1:32 AM
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Pacific Park tower moves to construction after $460M loan

Quote:
Construction is kicking off at the Brodsky Organization’s Pacific Park rental building thanks to a big construction loan.

Brodsky and Greenland Forest City Partners landed a $460 million loan from a consortium, with M&T Bank and Bank of New York at the helm, according to the New York Post.

Greenland’s Scott Solish said the closing was a “major milestone in developing Pacific Park’s most ambitious building to date.”

The tower, at 18 Sixth Avenue, will have 858 rental apartments, including 258 affordable-housing units. Work at site had reportedly been expected to start in the spring of this year. It is expected to open in 2022.

It’s the second Pacific Park site Brodsky picked up. Along with TF Cornerstone, the developer joined as a partner some sites at the mega project in 2018.
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  #1099  
Old Posted Mar 11, 2020, 2:18 AM
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  #1100  
Old Posted Mar 28, 2020, 4:28 AM
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Construction Update: 664 Pacific Street (b15 parcel)


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