All renderings of 2 River Park via Fortis Property Group
The new year brings a new phase for River Park, Fortis Property Group's ambitious five-building development rising on the former site of Long Island College Hospital in Cobble Hill. 2 River Park, the tallest in the complex to top out at 28 stories, 438 feet high, is expected to enter the market later this year. The tower will also become the tallest building in South Brooklyn, which is a long-time, somewhat confusing definition for the neighborhoods encompassing Carroll Gardens, Cobble Hill, Red Hook, Gowanus, Park Slope, and Boerum Hill. In anticipation of the sales launch, a slew of new renderings have been released (h/t BuzzBuzzHome).
Dining area
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A curved glass section in the design by Hill West will help preserve what promises to be amazing views of the East River and the Lower Manhattan skyline. It also helps that, according to permits filed with the city, apartments will start on the third floor with no more than six units per floor. There will be only two apartments per floor starting on the 20th floor, and the entire 28th floor will be occupied by a penthouse. All units will feature interiors by Whitehall Interiors, oversized windows, clean modern kitchens, and spa-like baths.
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Building amenities will include an attended lobby, mail room, bike room, fitness center, indoor pool, lounges, and outdoor terraces. The new building is a short walk from Brooklyn Bridge Park, Trader Joe’s, Cobble Hill Cinemas, and several local favorite restaurants and bars on Atlantic Avenue.
An offering plan submitted last January listed a $221 million sellout, which brings the 116 one- through four-bedroom apartments to an average price of $2.1 million. According to CityRealty listings, this is just above the Cobble Hill median condo price of $1.995 million.
River Park construction circa October 2018 via CityRealty
Elsewhere in River Park, the FXCollaborative-designed 1 River Park is expected to join 2 River Park on the market this year. An offering plan under review lists a $113 million sellout for 48 studio through three-bedroom apartments. The final two properties in the development, a new building at 3 River Park and a hospital-to-residential conversion at 4 River Park, are expected to launch sales in 2020-2021 (h/t Real Estate Weekly).
If other buildings in the complex are anything to go on, Brooklyn buyers will welcome the new buildings. Sales at the landmarked Polhemus building, now known as Polhemus Residences, got off to a roaring start, and its only two availabilites are prices at $2.7 million for a two-bedroom and $4.2 million for a three-bedroom. Directly adjacent, the one listing in Polhemus Townhouses has entered contract. Moreover, sales at 5 River Park launched last October with listings from $1.15 million.
Rendering of the River Park master plan with 2 River Park as the tallest via Fortis Property Group
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Michelle Mazzarella
Michelle is a contributing writer and editor for real estate news in New York City
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