NEW YORK | Greenpoint Landing | (11 Towers) | 30-40 FLOORS


#41

Yesterday. 2nd tower can be seen to the right of the first. Just about done with the podium so the tower should rise soon.


#42


Credit: FC


#43

past the podium, this should now fly upwards.


#44


Tec


#45

this one looks a bit more unique


#46


r_180816121_beat0069_a by Mitch Waxman, on Flickr

new website with a master plan map:

http://greenpointlanding.com/#map


#47


Credit: FC


#48

From Hunters Point South Park:


#49

Yesterday


#50

NEWS: details on 3 new towers are up on Brookfield’s website. This brings the total count of highrises to 5.

https://www.brookfieldproperties.com/portfolio/new-york/greenpoint/greenpoint-landing/

Building H
30 Story Tower
410 Apartments
10,000 SF of indoor amenities

Building D
Comprised of 3 Buildings occupying a full city block:
> 40 Story Tower
> 30 Story Tower
> Low rise Building
750 Apartments
20,000 SF of indoor amenity spaces


#51


r_181125084_beat0097_a by Mitch Waxman, on Flickr


r_181125045_beat0097_a by Mitch Waxman, on Flickr


#52


Credit: FC


#53


#54

Another tower will likely start construction here in 2019!

Im pretty sure this is the location for the 3rd tower.


#55

#56


#57


Cranes by Edgar Omar, on Flickr


#58

This deal refinances a portion of a previous $75 million land loan that ICBC provided to Brookfield in 2015 for its $59 million and $46.5 million purchases of two vacant sites on Commercial Street from development partner Park Tower Group, which owned them outright.

There was also a $45 million project loan included in the new package, which funds soft costs and construction, as well as a roughly $130 million building loan, according to sources with knowledge of the deal. The three-year debt package includes a one-year extension option, sources said, and it closed on December 20, 2018. The debt wasn’t brokered.

The quartet of international lenders split the $217 million evenly into prorated shares, sources said. Scotiabank acted as the lead administrative agent in the deal, representing TD Bank (Toronto-Dominion Bank) and Intesa Sanpaolo, who were brought in to participate in this construction financing following the initial debt supplied for the purchase of the sites.