Conceptual rendering for a development at 205 Montague prepared by Massey Knakal Realty Services
Earlier this week, a new building application was filed for 205 Montague Street, revealing that the existing five-story commercial building at the site will be redeveloped into a soaring 47-story mixed-use tower. The planned skyscraper is detailed to rise 672 feet to the top of its highest occupied floor and would be the third-tallest building in Brooklyn if finished today — only behind Brooklyn Tower and Brooklyn Point in overall height. However, several towers such as 80 Flatbush Avenue and River Ring are in the works but their construction schedules have not been finalized.
As first reported by The Real Deal, the 410,000-square-foot project is being steered by Landau Development Corporation headed by Jonathan Landau, the former CEO of Fortis Property Group. A redevelopment of the property has been anticipated for more than a decade-- since at least when Joseph Cayre's Midtown Equities acquired the site for $33 million in 2010.
The project shares its zoning lot with the office building next door at 197 Montague Street. When taken together, almost half of the development will comprise commercial space, while the remainder will be dedicated residential uses that include 136 apartments. Given the relatively small number of units, the prime location, and the potential for sweeping views of the city's waterways and the Manhattan skyline, condominium residences are likely. A 100-vehicle underground parking garage is also part of the scheme.
The project shares its zoning lot with the office building next door at 197 Montague Street. When taken together, almost half of the development will comprise commercial space, while the remainder will be dedicated residential uses that include 136 apartments. Given the relatively small number of units, the prime location, and the potential for sweeping views of the city's waterways and the Manhattan skyline, condominium residences are likely. A 100-vehicle underground parking garage is also part of the scheme.
In this article:
Credit: 205 Montague Street preliminary scheme by Midtown Equities, SRAA+E
Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
The new building application shows that the local design firm of Hill West Architectsis helming the design. As the head of Fortis, Jonathan Landau commissioned the firm for past projects such as nearby top-of-the-market condos Olympia and the forthcoming Two River Park. While the design and massing of 205 Montague have yet to be revealed, previous schematic designs from Midtown Equities and SRAA+E
showed that the existing commercial building would be preserved and integrated into a slender residential tower that would rise above. The nearly 700-foot height of this latest iteration would make it a central fixture of the rapidly expanding Downtown Brooklyn skyline.
Shouldering the Borough Hall Skyscraper Historic District, the prominent 19,000-square-foot development site is bounded by Cadman Plaza West, Pierrepont Street, and Montague Street, at the cusp of Downtown Brooklyn and Brooklyn Heights. The site was once home to a ten-story Italianate-style building that housed the offices of the Brooklyn Dodgers. it was where Branch Rickey signed Jackie Robinson as the first African-American major league baseball player. The building was replaced in 1962 by the 77,250-square-foot office building that stands here today.
Photo of One Clinton and Cadman Plaza Park via MARVEL
Several newly finished residential projects surround the site, the largest of which is the nearly sold-out condominium One Clinton
, which accommodates a new space for the Brooklyn Heights Public Library at its base. The Flatiron-shaped tower enjoys protected views over the Brooklyn Heights Historic District, and last year sales in the building averaged over $1,700 per square foot, among the highest in Brooklyn.
Other recent developments include the conversion of the Brooklyn Trust Company Building
into 12 spacious condominiums, and the new rental buildings at 200 Montague Street
and The Pierrepont at 146 Pierrepont Street. A redevelopment of St. Francis College's Brooklyn Heights campus is also in the pipeline.
Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
Would you like to tour any of these properties?
6sqft delivers the latest on real estate, architecture, and design, straight from New York City.
