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Old May 7th, 2013, 07:08 PM   #1
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NEW YORK | 77 Commercial St. | 122m | 400ft | 40 fl | 100m+ | 300ft+ | 30 fl+ | Pro

Yet Another Residential Tower for Greenpoint's Waterfront



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Tuesday, May 7, 2013, by Jessica Dailey

The announcement that Park Tower Group would unveil their 10-tower Greenpoint Landing megaproject at a meeting last night overshadowed the fact that they weren't the only developer with plans for the North Brooklyn waterfront. Representatives for another 30-40 story project at 77 Commercial Street were also in attendance. Said project is being brought to Greenpoint by a couple of familiar names—David Bistricer and Joseph Chetrit—and it will bring with it the long-awaited 3-acre Box Street Park. Crain's reports that the developers bought 77 Commercial last year for $25 million, and now they are buying the development rights for a MTA bus parking lot at 65 Commercial Street. Bistricer and Chetrit will pay around $8 million for the air rights, which will allow them to double the size of their bland building to 475,000-square-feet. The city will use the $8M to pay for construction of the new park.

The plan to relocate the parking lot has been in the works since the 2005 rezoning, and after years of delays (bad economy, crappy real estate market, no new location for the buses, blah blah blah), the MTA finally issued an RFP for the site last summer. Bistricer and Chetrit's plan for a 30 to 40 story Cetra/Ruddy-designed tower won. At the insistance of the city, 200 of the roughly 700 units will be affordable.

[...]
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Old May 7th, 2013, 07:15 PM   #2
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Yet another anonymous tower, but the podium looks nice.
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Old May 7th, 2013, 08:25 PM   #3
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Anonymous yes, but these anonymous developments are going to add approximately 15000 new residential units to the waterfront. Outside of the central park supertall cluster and the Hudson yards, I cant think of any group of developments that are going to transform the image of New York s much as the Queens/Brooklyn waterfront developments.
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Old May 7th, 2013, 11:06 PM   #4
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Is this project one of the towers on the far right?


http://ny.curbed.com/archives/2013/0..._this_year.php

I agree that this is a massive redevelopment.
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Old May 7th, 2013, 11:40 PM   #5
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Quote:
Originally Posted by Eric Offereins View Post
Is this project one of the towers on the far right?


http://ny.curbed.com/archives/2013/0..._this_year.php

I agree that this is a massive redevelopment.
That's Greenpoint Landing which has been completely redesigned with brick instead of glassy towers. 77 Commercial is not a part of that development but would be built nearby. There's community opposition to both developments so approval may take some time.
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Old May 7th, 2013, 11:53 PM   #6
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Quote:
Originally Posted by tim1807 View Post
Yet another anonymous tower, but the podium looks nice.
yup, i like it too
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Old June 5th, 2013, 09:01 PM   #7
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More great news for my home city
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Old September 11th, 2013, 10:18 PM   #8
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NIMBYs Attack!

Greenpoint Board Nixes Waterfront Towers



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Community Board 1 voted no on the proposed high-rise developments Greenpoint Landing and 77-87 Commercial Street on Monday night, which together would bring 6,100 new units to Greenpoint and increase the population in the area by about a third, DNAinfo reported. Above, a rendering of the proposed development at 77-87 Commercial Street.

The board said it would support the complexes if developers make the affordable units more affordable and add 100 units specifically for seniors. Some members of the board and community wanted to reject the towers unconditionally, but the chair of the land-use committee said if the board did so, its vote would be ignored. The vote is not binding, and the city already overrode the board in the 2005 rezoning of the waterfront, which paved the way for towers as high as 40 stories. The developers said they would consider the board’s recommendations. Greenpoint Landing already plans to include a school.

“This is our last chance for real affordable housing,” said Del Teague, the chair of the land use committee. “We have a waiting list of seniors that’s so long, they’re dying before they get housed.” The board listened to testimony at the public hearings; those who testified said they were “desperate” for affordable housing, Teague said. She added she considered the height of the towers “disgusting.” Another public hearing is slated for September 17.
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Old September 14th, 2013, 07:36 AM   #9
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"Disgusting" is what she thinks.
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Old October 17th, 2013, 12:16 AM   #10
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Closing Bell: Marty Says Yes to Controversial Greenpoint High Rise Projects



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Brooklyn Borough President Marty Markowitz has officially approved the two massive and controversial developments at 77 Commercial Street and Greenpoint Landing, near the mouth of Newtown Creek, Brooklyn Paper reports. Markowitz greenlighted the project on condition the developers build a 640-seat middle school and increase bus and G train service to the neighborhood. Greenpoint Landing will have 10 towers and 5,500 apartments over 22 acres on the waterfront, and 77 Commercial Street will include two towers rising 30 stories with720 apartments.

Markowitz also backed the affordable housing part of Greenpoint Landing, mandating 70 units out of the 431 affordable ones be reserved specifically for senior citizens and the disabled who don’t earn more than 30 percent Area Median Income, according to his report. The Beep’s vote is just the latest hurdle in the land-use review process, which also requires the approval of the City Planning Commission, City Council, and the mayor’s office.
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Old November 6th, 2013, 08:12 PM   #11
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2 big Greenpoint apt. towers get green light



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The controversial proposals will each add a residential tower of as many as 40 stories to the north Brooklyn waterfront and will be among the last big projects approved under the Bloomberg administration.

Wednesday November 6, 2013

The City Planning Commission unanimously approved Wednesday morning a pair of big, controversial residential projects slated for the Greenpoint, Brooklyn, waterfront.

Now that the commission has given its blessing to about 700 of the roughly 5,500-units in the Greenpoint Landing project, along with the 720-unit 77 Commercial St. development, eyed for the northernmost section of the Brooklyn's East River shoreline, the City Council now has 50 days to make the final call.

Greenpoint Landing is proposed by developer Park Tower Group under the name Greenpoint Landing Associates, while 77 Commercial is a separate project that is being advanced by Chetrit Group under the name Waterfront at Greenpoint. Should they gain ultimate approval, the projects, which include multiple towers of 30-to-40 stories, would be among the final significant changes to the city's waterfront approved under the Bloomberg administration.

“We thank the City Planning Commission for their decision to approve this application, which brings us one step closer to delivering multiple benefits to the Greenpoint community,” a Greenpoint Landing spokesperson said in a statement.

[...]

Community Board 1 had recommended that City Planning disapprove the project, while Borough President Marty Markowitz recommended the opposite, however, both attached a list of conditions that largely dealt with strains on public transportation and the affordable housing component of the project, which the developers said they would explore.

But community outcry over the height and density of the developments technically do not apply to the current land-use application. The impetus for building along the shoreline was actually a 2005 rezoning that not only cleared the way for massive projects like the two being proposed, but also set aside space for park land.

[...]
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Old November 6th, 2013, 10:25 PM   #12
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That last one looks nice.
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Old November 6th, 2013, 10:29 PM   #13
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agree, i like the color.
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Old December 7th, 2013, 08:15 AM   #14
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Council delays vote on Chetrit’s Greenpoint tower project

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The City Council has postponed the final vote on whether to grant approval to the Chetrit Group’s controversial residential towers at 77 Commercial Street in Greenpoint.

The decision on the towers was postponed pending further negotiations, Council members said, but declined to provide a specific date for the vote, DNAinfo reported.

Brooklyn’s Community Board 1 has previously said that the project doesn’t provide enough affordable and senior housing.

The REAL issue is neighborhood activists against gentrification of the area, which has become a haven for Williamsburg refugees.


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Old December 7th, 2013, 08:19 PM   #15
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The City Council is moving in a dangerous direction... There is no good reason this shouldn't be approved.

If they continue to pander to NIMBYs they will acacerbate the affordable housing crisis and drive businesses out of the city.
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Old December 7th, 2013, 10:09 PM   #16
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Her comparison of New York to Dubai makes me want this development to proceed even more. I don't think it's working in her favor!

Get the cranes.
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Old December 11th, 2013, 11:23 AM   #17
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Closing Bell: Votes on Greenpoint Landing, Domino Today

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Today is a big day for the Williamsburg-Greenpoint waterfront. The City Council planned to vote earlier today on the 10-tower Greenpoint Landing complex, and the full board of Community Board One is voting tonight on Two Trees’ Domino proposal.

The City Council has set a date of December 19 for its postponed vote on 77 Commercial Street to give Council Member Steve Levin more time to try to broker an agreement with developer The Chetrit Group.
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Old December 14th, 2013, 12:33 AM   #18
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De Blasio wants to build 200,000 units of new housing during his term! This will be a considerable portion of that. If this doesn't get done under Bloomberg's last 3 weeks, it will definitely happen under De Blasio's.
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Old March 7th, 2014, 06:06 PM   #19
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Chetrit, Park Tower file for permit on Greenpoint mega-project

First building in huge development will house 93 apartments, commercial space

http://therealdeal.com/blog/2014/03/...point-project/

Quote:
Manhattan-based developers Park Tower Group and Chetrit Group applied to the Department of Buildings to begin constructing the controversial but recently approved Greenpoint Landing mega-complex near Newtown Creek.

The new 85,033-square-foot development at 21 Commercial Street, previously reported as 77 Commercial Street, would house 93 apartments and ground-floor commercial space.

To be designed by Handel Architects, the structure would be one of several going up on a 22-acre tract of Greenpoint waterfront, including 10 30- to 40-story towers boasting at least 5,500 apartments. More than 400 apartments would be designated “permanently affordable,” Brownstoner reported. That’s fewer affordable units than the 1,400 originally proposed.

Park Tower would also build a 640-seat public school at Franklin and DuPont streets and 1.4 acres of park land, as The Real Deal previously reported.

The developers purchased the property for $25 million in the spring of 2012, according to city records. The project was not financed as of spring of last year, however, and records show no new loans have been taken out for the property.
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Old March 7th, 2014, 07:50 PM   #20
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Great, the only bad thing about all these future residentials is that they all are about the same height, there should be a tower twice as tall in between them, that would look better.
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