Downtown construction wave resumes, bringing new residential units to 13,000, needing schools
Give us a school to call our own.
That’s the rallying cry of a group of parents living in newly built apartments in Downtown Brooklyn – who fear a fresh surge of residential development in the neighborhood will cause acute overcrowding of existing public elementary schools within five years.
“The neighborhood is being built so quickly,”said Chris Young of Downtown Brooklyn School Solutions. “It needs a heart.”
We saw a brigade of bulldozers digging in the dirt at 81 Fleet Place where mayoral candidate John Catsimatidis’ company Red Apple Real Estate is constructing a 205-unit, 15-story rental building. The project will be done at the end of next year and the rental process will probably start in 2015, Red Apple exec Bob Zorn told Eye on Real Estate.
There will be a rooftop area for all the tenants to share, and some units will have their own rooftop patios, he said.
“Daily needs tenants” like day care centers, coffee bars and food markets are showing interest in the retail space planned for 81 Fleet, said Diana Boutross of Winick Realty Group.
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Winick Realty Group is one of New York’s prominent real estate firms specializing in retail leasing and advisory services. Over the years, Winick Realty has served a broad range of domestic and global clients, with a strong emphasis on long-term representation and expansion and growth strategies. Winick Realty Group is highly recognized as a forerunner in the retail real estate market.