Construction on Pacific Park is well underway: at least four of the buildings in "Brooklyn's Newest Neighborhood"yes, that's the tagline that emblazons promotional tote bagsare now rising, and sales soft-launched at 550 Vanderbilt, the first of the project's dozen-or-so residential buildings, in June. The sales gallery for the COOKFOX-designed building only opened last week, and it seems more a formality than a necessity: 80 of the building's 278 studio to four-bedroom condos have sold in the past three months. Naturally the sales office is in the Barclays Center, the crown jewel and only completed undertaking associated with the 22-acre overhaul. Not only will it be the gallery for 550 Vanderbilt, but will also be the place where the rest of the micro-hood's condos are peddled, so of course we had to check it out.
Pacific Park developer Greenland Forest City Partners has kept mum on details for the development's future residential buildings, but 550 Vanderbilt is setting some kind of precedent. The 17-story tower was designed by COOKFOX both inside and out, and features open-plan apartments with those high-end go-to's like Miele appliances, Carrera marble, and Grohe bathroom fixtures. Available condos in the building start at $625,000sales started at $565,000and presumably top out at $6.86 million for the 2,859-square-foot four-bedroom penthouse, which hit the market just last week.
The 22-acre development Pacific Park derives its name from the eight-acre Thomas Balsley-designed, er, park that will connect the new buildings. 550 Vanderbilt sits at the site's southwestern most corner, and will be backed by verdant green space, water features, dog runs, and playgrounds. Sounds almost suburban, doesn't it? Now, let's get down to it.
· 550 Vanderbilt [official]
· The Very First Atlantic Yards Apartments Are Now Available [Curbed]
· All 550 Vanderbilt Avenue coverage [Curbed]