Rabsky to launch leasing at its first Greenpoint project

Rents will be as high as $5,200 at the 96-unit West Street rental

TRD New York /
Jan.January 26, 2017 02:30 PM

Rabsky Group plans to launch leasing next month at its new 96-unit rental building in Greenpoint, the developer’s first in the neighborhood.

The prolific Williamsburg-based development firm led by Simon Dushinsky and Isaac Rabinowitz is wrapping up construction on the seven-story, 88,000-square-foot property at 26 West Street, between Oak and Calyer streets. Leasing is slated to begin Feb. 15, sources told The Real Deal.

Sources familiar with the project, known as 26 West, said the rents will range from $2,350 per month for a studio to as much as $5,200 per month for a two-bedroom. Of the 96 apartments, 37 will be one-bedrooms and 34 will be studios. The rest will be one-and-a-half-bedrooms and two-bedrooms.

Karl Fischer TRData LogoTINY is the architect, and Durukan Design is handling interior design. Fiddler Realty is in charge of the leasing.

A representative for the developer did not respond to a request for comment.

Rabsky bought the one-story industrial building on the site from Penguin Air Conditioning Corporation for $12.7 million in 2014, property records show.

The majority of Rabsky’s projects to date have been in Williamsburg. But the developer is also planning a 36-story office tower at 625 Fulton Street in Downtown Brooklyn and a 500-unit rental project at 10 Montieth Street as part of the Rheingold Brewery redevelopment in Bushwick. The firm is seeking a rezoning at the Broadway Triangle to allow for a 1,147-unit, 1 million-square-foot rental complex.


Related Articles

arrow_forward_ios
Rabsky Group buying Gowanus parcel from Yoel Goldman for $95M: sources

Rabsky Group buying Gowanus parcel from Yoel Goldman for $95M: sources

Rabsky Group buying Gowanus parcel from Yoel Goldman for $95M: sources
A rendering of Broadway Triangle (Credit: NYC Housing Preservation & Development, iStock)

Suit against Rabsky’s Broadway Triangle project dismissed again

Suit against Rabsky’s Broadway Triangle project dismissed again
34 Union Avenue in Brooklyn (Credit: Google Maps)

Rabsky Group planning another Williamsburg mixed-use project

Rabsky Group planning another Williamsburg mixed-use project
A rendering of Broadway Triangle and an aerial of Broadway Triangle (Credit: Magnusson Architecture via Department of City Planning and Google Maps)

Rabsky, Spencer land $70M refi for Broadway Triangle site

Rabsky, Spencer land $70M refi for Broadway Triangle site
From left: Adamson Associates' Alan Tearle, Handel Architects' Gary Handel, Aufgang Architects' Ariel Aufgang (Credit: Getty Images, iStock, Adamson, Aufgang)

These architects designed the most new dev in NYC this year

These architects designed the most new dev in NYC this year
269 Wallabout Street in Williamsburg (Credit: Google Maps)

On to the next one: Rabsky planning yet another Brooklyn project

On to the next one: Rabsky planning yet another Brooklyn project
58 Union Avenue (Credit: Google Maps)

Brooklyn binge: Rabsky Group plans to bring 65-unit project to Williamsburg

Brooklyn binge: Rabsky Group plans to bring 65-unit project to Williamsburg
The Rheingold at 10 Montieth Street in Bushwick (Credit: StreetEasy)

Rabsky Group lands $200M refi for 500-unit Bushwick building

Rabsky Group lands $200M refi for 500-unit Bushwick building
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...