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City dangling apartment site at B’lyn Bridge Park

11:54 am, December 27, 2012

The site sits north of the Manhattan Bridge on the East River.


Developers have a chance to bid on a lease for 9,600 s/f waterfront site on the northern edge of Brooklyn Bridge Park, where up to 130 residential units could be built, according to a request for proposals issued by the Brooklyn Bridge Park Corporation.

“The park has drawn thousands of people to the Brooklyn waterfront and is firmly established as one of the most vibrant public places in New York,” the RFP says. “The site will be an exciting addition to a waterfront that attracts residents and visitors seeking remarkable views and world-class park amenities.”

The park’s managers are looking for a development plan that will integrate with and complement the park, while also aiming to achieve LEED certification, according to the RFP.

The maximum building size allowed on the site is up to 101,000 square feet of residential space with a maximum height of 130 feet. Additional square footage would be allowed for ground floor retail, parking and mechanical systems.

The site sits within a vacant 147,460 s/f lot just east of the Manhattan Bridge, known as the “John Street Lot”). The site is bounded by the stub-end of Pearl Street to the east, John Street to the south, and the future John Street section of the Park to the west and north. The site is just two blocks northeast of Water Street, a retail and commercial corridor in DUMBO, and a short walk to the Empire Fulton Ferry section of the park.

The park has proved a successful setting for residential developments in the past. One Brooklyn Bridge Park ranked among New York’s top-ten selling condominiums in both 2010 and 2011, when the median sales price for the building’s loft-like studio through three bedroom condos was $890.000.

Responses to RFP are due on March 11, 2013.

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