810 Fulton Street - Rendering of 9th Fl Lounge - Smaller

Fort Greene Parking Lot will Give Way to Massive Rental Building

By Tanay Warerkar, Curbed New York A massive new rental building is set to rise on a former parking lot in Fort Greene, courtesy of RXR Realty, probably best known for their Pier 57 redevelopment project. The 12-story building will also mark the developer’s first residential project, Crain’s reports. Located at 810 Fulton Street, the building will include 363 apartments, about 20 percent of which will be affordable. The project came about after RXR purchased the lease on the property from development firm GFI Development for $28.7 million. The latter had already broken ground at the site, and had acquired the requisite air [...]

RXR's operating platform manages 89 commercial real estate properties and investments comprising approximately 25.2 million square feet with an aggregate gross asset value of approximately $14.7 billion as of June 30, 2016. In addition, RXR has a residential development pipeline of approximately 3,000 units.