Landmarks says 29-story Clinton Hill tower can rise next to historic church

Commission approved Jeffrey Gershon's resi project on Tuesday

TRD New York /
Mar.March 14, 2018 02:20 PM

Rendering of 550 Clinton Avenue (Credit: Morris Adjmi Architects)

Hope Street Capital’s prayers have been answered.

The company received approval on Tuesday from the Landmarks Preservation Commission to build its 29-story residential project at 550 Clinton Avenue next to the landmarked Church of St. Luke and St. Matthew, according to the Brooklyn Eagle.

The 19th-Century church is located at 520 Clinton Avenue and was designed in the Northern Italian Romanesque style by architect John Welch. The two entities will combine into one zoning lot for the project so Hope Street can use the church’s 60,000 square feet of air rights in its development, which will stand 312 feet tall and have ground-floor retail.

Hope Street, led by Jeffrey Gershon, previously went before Landmarks in January, when the organization said the design of their project made it look like it was leaning over the church. The organization was more amenable to the design Hope Street presented at its most recent meeting.

The company closed on its $60 million purchase of a former Jehovah’s Witnesses building in Dumbo at 74 Adams Street late last year. [Brooklyn Eagle]Eddie Small

Related Articles


California passes landmark rent control law

The Watchtower building at 25 Columbia Heights, CIM Group’s Shaul Kuba (right) and LIVWRK’s Asher Abehsera (Credit: Wikipedia, CIM Group, and LinkedIn)

JPMorgan leads $335M refi for CIM and LIVWRK’s Watchtower renovation

The construction giants catching a Windy City windfall

David Marx of MDG Real Estate and the site at 71-05 Parsons Boulevard in Queens (Credit: Google Images and iStock)

Here’s a weird one: David Marx plans towers at Queens site he bought from his own company

Resi scorecard: Brooklyn and Queens condo inventory through June 2019

Mack-Cali sells Paramus office property, Murphy enacts land bank reforms & more North Jersey real estate news

Jeff Bezos and Amazon HQ in Silicon Valley (Credit: Getty Images)

Why Amazon HQ2 is already rattling the local housing market

Penny Bradley (Credit: Getty Images)

Upper East Side developer funded “lavish lifestyle” through mortgage fraud: Manhattan district attorney