Front & York

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Front & York
General information
ClassificationResidential
Completed2021
Technical details
Floor count21
Design and construction
ArchitectMorris Adjmi
DeveloperCIM Group; LIVWRK

Front & York is a residential development under construction in the DUMBO neighborhood of Brooklyn. CIM Group and LIVWRK developed the building, and Morris Adjmi Architects designed it.[1]

History and development[edit]

CIM Group, Kushner Companies, and LIVWRK purchased the site in December 2016 for $345 million.[2] The site was one of several in Brooklyn purchased from Jehovah's Witnesses by Kushner Companies and a set of partner companies.[3] When purchased, the parcel was being used as a parking lot. At the time of the transaction, CIM had a 95% stake in the project, with LIVWRK and Kushner owning a combined 5%.[4]

CIM Group purchased Kushner Companies' stake in 2018.[5] JPMorgan provided the developers a $131.2 million construction loan in May of 2020.[5] The building topped out in July 2020,[6] and window installation had begun as of October.[7]

Design[edit]

Morris Adjmi Architects, the firm that designed Front & York, is known for re-purposing existing buildings, especially industrial structures, and for producing designs that draw inspiration from pre-existing, local architectural context.[8]

Usage and impact[edit]

The building is residential. Upon completion, the building will contain 320 rental apartments and 408 condominiums.[9] The building will be the largest in DUMBO when completed. Norman Oder, writing for The Bridge, speculated that it could increase the neighborhood's population by as much as 25%.[4] The increase in population is expected to impact the York street station of the New York City Subway.[7]

Condominium owners and renters will have access to a pool, a parking lot, and a private park. Michael Van Valkenburgh Associates designed the park. The organization also designed nearby Brooklyn Bridge Park.[10]

References[edit]

  1. ^ Young, Michael (9 January 2020). "Front & York's Residential Towers Begin to Rise Above Podium Level in DUMBO, Brooklyn". New York YIMBY. YIMBY.
  2. ^ Wilson, Reid (22 December 2016). "New Owners Buy High-Profile Mixed-Use Development Site at 85 Jay Street, DUMBO". New York YIMBY. YIMBY. Retrieved 11 October 2020.
  3. ^ Nonko, Emily (4 August 2016). "Jehovah's Witnesses' Watchtower building in Brooklyn sells for $340M". Curbed NY. Curbed. Retrieved 11 October 2020.
  4. ^ a b Oder, Norman (13 June 2018). "How a Huge New Project Will Change the Face of Dumbo". The Bridge. The Bridge. Retrieved 11 October 2020.
  5. ^ a b Cazacu, Pavel (21 May 2020). "CIM Group JV Gets $131M Brooklyn Project Loan". www.multihousingnews.com. Multi-Housing News. Retrieved 11 October 2020.
  6. ^ Young, Michael (14 July 2020). "Front & York Tops Out at 85 Jay Street in DUMBO, Brooklyn". New York YIMBY. YIMBY. Retrieved 11 October 2020.
  7. ^ a b Hubert, Craig (12 October 2020). "Windows Going In at Massive Development on Former Witnesses Parking Lot in Dumbo". Brownstoner. Brownstoner. Retrieved 12 October 2020.
  8. ^ McKeough, Tim (24 October 2017). "A New Manhattan Tower With a Gothic Twist (Published 2017)". The New York Times. The New York Times. Retrieved 11 October 2020.
  9. ^ Margolies, Jane (13 September 2019). "Dumbo Project to Include 700 Luxury Apartments (Published 2019)". The New York Times. The New York Times. Retrieved 11 October 2020.
  10. ^ Houterman, Rachyl (18 January 2019). "Behold the New Giant of Dumbo, called Front & York". The Bridge. The Bridge BK. Retrieved 11 October 2020.