Sunday, February 28, 2016

73-Story Residential Tower Planned for Downtown Brooklyn

Two developers have submitted plans for a 1,066-foot building in Downtown Brooklyn, which would be almost twice as high as anything surrounding it. The complex, at 9 DeKalb Avenue, would also bring the current surge in super-tall towers across the East River from Manhattan.

The 73-story structure, to be built by JDS Development Group and the Chetrit Group, would be more than double the height of the 512-foot Williamsburgh Savings Bank building, which was once the tallest in the borough.

It will house a total of 556,164 square feet, with the residential portion 463,470 covering square feet, and the commercial portion will occupying 92,694 square feet at the base.

The four lowest floors will include a mix of retail and office space, with a lounge and outdoor terrace on the fifth floor.

The 417 apartments will begin on the seventh floor, with 12 per floor, deceasing on up to the 68th floor. The 69th and 70th floors will have just two units each.

The members of the land-use committee for Brooklyn Community Board 2 unanimously approved the plan, drawn by SHoP Architects, whose portfolio includes another of the most recognizable new buildings in Brooklyn, Barclays Center.

The architects drew inspiration from the limestone-columned Brooklyn Dime Savings Bank, which sits next door to the site of the tower and would be incorporated into the property. The bronzed ribbons running up the tower’s glassy sides draw on details of the bank, and its hexagonal shape echoes the bank’s footprint.

Part of the tower would rest on a rear portion of the bank, which the developer hopes to demolish; this could become a sticking point, since the bank is a New York City landmark.

The bigger issue for many would seem to be the height, even in a neighborhood and city marked by tall towers.

In 2014, JDS and Chetrit spent $46 million on the 340 Flatbush Avenue Extension, a five-story midcentury building that covers about a third of the triangular site and would be demolished to accommodate most of the tower.

In December, the developers acquired the bank building for $90 million. They plan to use its soaring Beaux-Arts spaces for shops as well as incorporating roughly 300,000 square feet of air rights that would make the tower’s spire possible.

A 1,066-foot tower can be built along Flatbush Avenue without any special approvals from the city, but since the exterior and interior of the bank building — opened in 1908 and expanded in 1932 — are protected, alterations to the bank must be approved by the city’s Landmarks Preservation Commission. A hearing before the commission is scheduled for March 15.

The members of the land-use committee for Brooklyn Community Board 2 were impressed, though the board will play only an advisory role. “It’s a beautiful project and a great opportunity to save the bank,” Hazra Ali said.

Unlike the Manhattan towers rising more than 1,000 feet, the Brooklyn structure, with nearly 500 units, is planned as a rental apartment building, according to the plans.

The developers also applied for the 421-a program, which provides tax breaks for including subsidized apartments in luxury buildings, before it expired last year, and would set aside at least 20 percent of the units as affordable housing.

Such an investment shows the continued strength of the Brooklyn real estate market, where prices in some neighborhoods have already surpassed those in Manhattan.

The proposed tower would be near one of the borough’s most important intersections, the corner of Flatbush Avenue Extension and the Fulton Street Mall, and would rise beside one of Brooklyn’s unofficial landmarks, Junior’s Restaurant.

For a time, the 1950s diner known for its cheesecake was up for sale in the hopes of facilitating a similar tower project, though the owners eventually decided not to sell, or even to give up their air rights.

The developers already have considerable experience with tall towers. JDS is constructing a 1,428-foot condominium at 111 West 57th Street that rises from the former Steinway Building.

Until last year, the Chetrit Group, based in Brooklyn, was the owner of Willis Tower in Chicago, the second-tallest building in North America, behind 1 World Trade Center.

Since the neighborhood was rezoned in 2004, Downtown Brooklyn has seen a swell of activity. There have been 6,758 apartments built since then, with 5,254 under construction and an additional 7,790 in the planning stages, according to the Downtown Brooklyn Partnership.

The development has a completion date planned for 2019.

Visit Our Sponsors

Page Views

Since October 1, 2011