New York—Red Apple Group has opened its newest development, The Margo, a 15-story, mixed-use community featuring 228 apartments and ground-floor retail space, in downtown Brooklyn.
Located at 180 Myrtle Ave., and constructed by Mc Gowan, The Margo is the third phase of the Myrtle Avenue Development Master Plan, which is designed to re-energize the area that connects Downtown Brooklyn with Fort Greene.
“The nexus of Downtown Brooklyn and Fort Greene is one of the borough’s great residential areas in terms of quality of life and location, and that’s what led us to develop The Margo—the most recent addition to what has become one of the most sought-after parts of New York City,” said John Catsimatidis, Red Apple Group’s president. “The beautifully designed residences and suite of modern amenities that Mc Gowan brought to life, combined with the proximity to Manhattan and Brooklyn’s best entertainment and cultural destinations, has resulted in a value proposition that’s second to none.”
The 250,000-square-foot L-shaped building was designed by Dattner Architects. The building features 10,600 square feet of commercial space on the first floor, along with a community area.
The building offers studio, one- and two-bedroom units. Residents can enjoy its south-facing gardens and terraces, an exercise room, playroom and lounge.
Additionally, the building has 133 ground-floor parking spaces with the capacity to increase available parking through the use of stackers. The building also features a 114-space bicycle room.
“Mc Gowan is proud to have contributed its expertise to the construction of another high-design building that will provide the best of modern urban living for its residents,” Patrick Mc Gowan, Mc Gowan’s CEO, said. “It can be challenging to build a structure in a busy urban area such as Downtown Brooklyn, but The Margo is a prime example of the type of logistically complex project that our firm is drawn to.”
Residents began moving into the building on Sept. 1.
Image courtesy of Mc Gowan