The Real Deal New York

Massive new office complex in the works for Red Hook

Italian developer Est4te Four looking to build 1.1M-square- foot development on the waterfront

October 31, 2014 08:50AM

Rendering of a new office complex in Red Hook

Rendering of a new office complex in Red Hook, Brooklyn

A 1.1 million-square-foot office project could come to the Red Hook waterfront.

Est4te Four, an Italian developer, has been buying up pieces of the Red Hook waterfront since 2012, according to New York YIMBY. The developer is looking to redevelop the site into office space and maybe a hotel, according to the website. The space will include 1.1 million square feet of office space within a number of new buildings, plus a waterfront promenade.

The location is somewhat remote, more than a mile away from the nearest F/G subway stop.

Est4te Four developed 160 Imlay, a residential conversion also located in Red Hook. There, one-bedroom units and studios are selling for around $1 million, while the penthouses cost more than $5 million.

Architecture firm NBBJ is designing the project. New renderings show buildings with relatively low heights, topping out at six stories. [NY YIMBY] — Claire Moses

 

  • B K

    Does il Signore know that there are no subways in RED Hook? No HOSPITAL and not even a real emergency room there either. But if he contributes enough campaign moola to Governor Andrew Cuomo he’ll get a nice big tax break or some prime property as a thank-you gift. Cuomo finagled the closure of RED Hook’s only hospital so he could give its prime river-view property to developer Joel Kestenbaum & the Fortis company as a thank you gift for big campaign $.

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