Extell Development Opens First Units at 68-Story Brooklyn Point Residential Tower
NEW YORK CITY — New York City-based Extell Development Co. has begun closing condo sales and allowing resident move-ins at Brooklyn Point, a 68-story multifamily tower that is the borough’s tallest building. In addition to sales commencing and the return to in-person appointments and tours, the building’s first model residences will soon be unveiled.
Designed by Kohn Pedersen Fox, the 720-foot-tall Brooklyn Point is located in downtown Brooklyn, across the street from Willoughby Square Park in the 600,000-square-foot City Point mixed-use development.
Brooklyn Point offers a total of 483 for-sale residences in studio, one-, two- and three-bedroom floor plans. Pricing now starts at approximately $900,000, with buyers receiving a 25-year tax abatement.
The property features more than 40,000 square feet of indoor and outdoor amenity space, including an infinity pool; outdoor movie screening space; a health and wellness club with an indoor pool, rock climbing wall and basketball court; and a spa.
Brooklyn Point will also house a bar, salon, coworking space, chef’s demonstration kitchen, game lounge and a children’s play area. A ninth-floor terrace will offer outdoor lounge and grilling areas, a putting green and a bar.
“With the neighborhood continuing to reopen and the area’s energetic atmosphere returning to a new normal, residents will be thrilled to call downtown Brooklyn home and enjoy everything it has to offer,” said Ari Alowan Goldstein, Extell’s senior vice president of development.
Extell received $530 million in construction financing from M&T Bank and RXR Realty in August 2018 and topped out the project in April 2019.