The Real Deal New York

Rendering of Carlyle’s Brooklyn condo-hotel revealed

Latest real estate project in suddenly hot Schermerhorn Street area

February 24, 2014 12:20PM

Rendering of 140 Schermerhorn Street

Rendering of 140 Schermerhorn Street

The builders of a 19-story condo-hotel in Brooklyn are giving the public a glimpse of what’s to come.

Developers the Carlyle Group and Flank Development, which just received permits for 140 Schermoerhorn Street in Boerum Hill, have posted a rendering of the  406,628-square-foot structure they plan to build.

The new structure will house 140 apartments, along with a hotel, nearly 100,000 square feet of retail space on the ground floor and a community space, according to New York Yimby, which saw the rendering. The building’s 120-foot-high street-walls will conform to surrounding structures, but the details of the design, by Goldstein Hill & West, are still unclear.

Carlyle Group and Flank Development bought the site for $38.5 million at the end of 2012, according to property records. The parking lot currently occupying the space is being excavated, with the entire project set for completion in 2016.

Schermerhorn Street has seen a slew of residential developments recently, including a 52-story tower the Steiner Brothers are building at 333 Schermerhorn[NY Yimby] -- Angela Hunt

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