Brooklyn Condo Tower Kicks Off Sales
Developed by Mack Real Estate Group and Palin Enterprises, the 40-story luxury tower will be the tallest building in the borough’s Greenpoint neighborhood and will feature 95 units.
By Dees Stribling, Contributing Editor
The Greenpoint, a tower rising on the East River in Brooklyn’s Greenpoint neighborhood (and which recently topped out), has officially launched sales of its condo residences. The development is the neighborhood’s tallest building at 40 stories, with 95 condominium units ranging from studios through three-bedrooms, beginning on the 28th floor.
The condo units are priced from $989,000 to $2.16 million. Adjacent to the property will be a new 29,000-square-foot public park, and The Greenpoint will also include a retail component that features a restaurant from Marcus Samuelsson, the name chef’s first in Brooklyn.
The Greenpoint’s developers are Mack Real Estate Group and Palin Enterprises, in conjunction with Urban Development Partners. The building was designed by Ismael Leyva Architects, and its 400-foot tower will be connected via a courtyard to an adjacent five-story building that will include 81 rental units.
Common amenities include the Sun Deck, Greenpoint Gardens (a courtyard lounge featuring a patio dining area and grilling stations, and hammock grove), Grand Club Room, Co-Working Station and Huron Basketball Court & Courtside Lounge.
Mack originally acquired the property in 2006 for about $84.5 million, but the recession put the kibosh on its plans. Later, the developer planned a 39-story building with 600 apartments and some retail space, but those evolved into a for-sale/for rent mix. Move-ins are slated for the summer of 2018.