You are reading

Plans For 40-Story Development on Greenpoint Waterfront Move Forward, Permits Filed

18 India St. via RedSky Capital

May 3, 2018 By Nathaly Pesantez

Plans for a 40-story development along the Greenpoint waterfront have been filed, signaling a significant step forward in a site long slated for development.

The development, to be located at 18 India Street, will span roughly 650,000 square feet, with 470 apartments in a two-tower structure sitting over two stacked bases.

The development will consist of a first base rising ten stories, and then dividing into a north and south portion, for a total height of 445 feet.

The site, which currently has a one-story warehouse on it, is owned by RedSky Capital, a real estate agency based in Brooklyn. The property was purchased by the group for $83.5 million in 2009.

The architect for the project is listed as Skidmore, Owings & Merrill, a global firm known for projects like One World Trade Center and the Burj Khalifa in Dubai.

News of the site’s potential development first came to light in 2015, when the Commercial Observer reported on financial backing to RedSky Capital for a 40-story residential tower.

The 18 India Street development is next to another massive development—a 40-story tower dubbed “The Greenpoint” at 21 India Street.

The developer did not immediately respond to questions on the project.

18 India St. (Google Maps)

email the author:
No comments yet

Leave a Comment
Reply to this Comment

All comments are subject to moderation before being posted.

The reCAPTCHA verification period has expired. Please reload the page.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Recent News

Op-Ed: Jeffries needs to address poverty in his district

Jul. 18, 2024 By David A. Weaver

Hakeem Jeffries, the House Minority Leader and the highest-ranking Democrat in the House of Representatives, is one of the most influential leaders in Washington, DC. But, first and foremost, Jeffries’ job is to represent 750,000 people in the 8th Congressional District of New York. And many of those individuals are hurting.

Clark vs. Reese: Rookie rivalry heats up WNBA season

Jul. 17, 2024 By Jack Parry

The 2024 WNBA season is off to a hot start, and one topic that’s been fueling the fire is the Rookie of the Year race between Indiana Fever guard Caitlin Clark and Chicago Sky forward Angel Reese. That race arrived in Brooklyn last week, when the Sky faced off against the New York Liberty at Barclays Center on July 11 and 13.