Extell releases new details on City Point tower

The 59-story, 534,000-square-foot resi and retail building will be one of Brooklyn's tallest

TRD New York /
Apr.April 15, 2016 10:30 AM

UPDATED, April 20, 1:41 p.m.: Gary Barnett’s Extell Development revealed a raft of new details about its mixed-use tower at 138 Willoughby Street in the City Point megadevelopment, as well as a new rendering.

The 59-story Downtown Brooklyn building will house 450 condominium units in 466,000-square-feet of residential space, along with four stories – 68,000 square feet – of ground-floor retail, New York YIMBY reported.

Extell estimates the condos will sell out for $838 million, and the retail portion for $33 million. The developers projects a hefty $574 million price tag for the Kohn Pedersen Fox-designed project.

The building will have built-in automatic window cleaners like those planned for Extell’s One57 ultra-luxe condo project on West 57th Street.

Barnett’s firm bought the 21,500-square-foot City Point site earlier this year, paying $120 million to Washington Square Partners and Acadia Realty Trust.

The 1.8 million-square-foot City Point development already includes two residential buildings, at 19 and 48 stories, developed by BFC Partners and the Brodsky Organization, as well as a four-story mall built by Washington Square and Acadia. [NY YIMBY]Ariel Stulberg

Correction: A previous version of this article stated the taller of BFC and Brodsky’s two residential towers was 31 stories. 


Related Articles

arrow_forward_ios
One Manhattan Square Extell Development CEO Gary Barnett (Credit: Curbed NY)

Extell lands $690M refinancing package for One Manhattan Square

Gary Barnett and 1855 Broadway (Credit: Google Maps)

Gary Barnett assembling Columbus Circle development site

Extell Development chairman Gary Barnett and One Manhattan Square (Credit: Anuja Shakya, StreetEasy)

Rent now, buy later at Extell’s One Manhattan Square

206 West 17th Street, 116 7th Avenue, and Extell Development’s Gary Barnett (Credit: Google Maps)

What rich people in NYC will pay to keep their view: TRD analysis

Extell Development's Gary Barnett (Credit: Getty Images and iStock)

Chelsea residents paid Gary Barnett $11M to protect their views from a planned tower

José Cuervo owner Juan Beckmann Vidal and 1010 Park Avenue (Credit: Getty Images, StreetEasy)

Mexican billionaire buys Park Ave pad for $25M amid shopping spree

From left: 241 East 73rd Street, 1514-1528 First Avenue, and Extell Development's Gary Barnett (Credit: Google Maps)

Here’s what the $10M–$20M NYC investment sales market looked like last week

Central Park Tower

Extell just went public with Central Park Tower listings

arrow_forward_ios