Quantcast

The Real Deal New York

Greenpoint warehouse to turn into cubed resi development

Cayuga Capital Management decides not to demolish existing structure at 79 Quay Street

August 20, 2014 09:00AM

  • Print
79 Quay Street in Brooklyn

79 Quay Street in Brooklyn

This is one Brooklyn warehouse that will not be demolished.

At 79 Quay Street in Brooklyn — about a block from the Greenpoint waterfront — Cayuga Capital Management is planning a new, 60,000-square-foot residential building.

Cayuga decided not to demolish the existing structure on the site, but will instead build townhouses formed from the warehouse. Behind it, the developer plans to build a new apartment block. That block will be six stories tall and feature a cube design.

The developer bought the building for $3.8 million in 2013.

Cycle Cities, a Gowanus-based firm, is slated to design the building.

Cycle Cities is also designing Cayuga Capital’s 100,000-square-foot project at 87 Wythe Avenue. That building will feature a similar look. [YIMBY NY] – Claire Moses

MENU

Subscribe to our email newsletters

New York Real Estate News
South Florida Real Estate News