Revealed: Extell releases new rendering of City Point megaproject

The building at 138 Willoughby Street is slated to reach 720 feet

TRD NEW YORK /
Oct.October 12, 2017 09:50 AM

Rendering of City Point Brooklyn at 138 Willoughby Street

Extell Development revealed a new rendering of its 458-unit building at Downtown Brooklyn’s City Point in a teaser website that goes live today.

Known as Brooklyn Point, the 68-story building at 1 City Point (also known as 138 Willoughby Street) will feature studios to three-bedroom co-op apartments, with prices starting at $840,000, according to the website. The project, Extell’s first venture in Brooklyn, is designed by Kohn Pedersen Fox.

The building has 40,000 square feet of “amenity space” and more than 60,000 square feet of retail space, Extell announced last year. Sales are due to launch in the fall.

The Gary Barnett-led firm paid $120 million for the site to Washington Square Partners and Acadia Realty Trust in 2015.

The first phase of the mixed-use complex, a 23-story, 230,000-square-foot tower at 7 Dekalb Avenue, now owned by BFC Partners and the Brodsky Organization, opened in March 2016. Brodsky already controls another 44-story apartment tower in the project.

Last year, Extell estimated the unit at the building will sell out for $838 million, and the retail portion for $33 million.


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

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

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

The Observation Deck at Hudson Yards (Credit: Adam Pogoff)

Views from 1,100 feet: A tour of Related’s “the edge,” the tallest outdoor observation deck in the Western Hemisphere

Central Park Tower and Gary Barnett

Pricey listings including UES townhouse, Central Park Tower condos go live

Gary Barnett, Central Park Tower, and the Tel Aviv Stock Exchange Bull (Credit: Wikipedia, iStock)

Extell’s Israeli bonds put on downgrade watch

SBE's Sam Nazarian and leading architect Kobi Karp

“It is catastrophic:” Sam Nazarian, Kobi Karp talk coronavirus toll

Miki Naftali, Steven Witkoff and Ryan Freedman

TRD Talks: How developers are contending with coronavirus

38-42 12th Street (Credit: Google Maps)

Joint venture plans 400K sf commercial project for LIC

arrow_forward_ios
Loading...