The Real Deal New York

Greenpoint is getting another waterfront resi building

Project at 53 Huron Street would stand 14 stories tall
By Eddie Small | January 14, 2019 06:00PM

A rendering of 53 Huron Street in Brooklyn (Credit: Tan Architect via Yimby)

Quadrum Global plans to add a 173-unit residential building to the Brooklyn waterfront.

The 14-story building would be located in Greenpoint at 53 Huron Street, also known as 161 West Street, according to plans pre-filed with the Department of Buildings on Monday. The project would span 178,000 square feet.

Quadrum Global, a private equity firm based in London, bought the site in 2014 for $45.5 million from a group of owners led by Brooklyn-based investor Miriam Chan. Chan’s group had purchased the site in 2004 for $13 million.

Bridgewater Capital Partners, a Queens-based company, sued Quadrum Global over the development in 2016, claiming it had been cut out of plans to construct the project as a joint venture. However, the case was dismissed the following year.

Morris Adjmi Architects is designing the residential project, and Ryan Serhant of Nestseekers International will handle sales. Pricing has not been set yet.

Other buildings planned for Greenpoint include a seven-story boutique office building at 12 Franklin Street from Simon Baron Development and a pair of adjacent six-story apartment buildings at 22 and 26 Clay Street from All Year Management.