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Extell’s Downtown Brooklyn Tower Will Likely Have Condos

Tentative plans call for a 59-story building with 450 apartments

New details have emerged for Extell's planned condo building at City Point in Downtown Brooklyn, YIMBY reports. When we last checked in with the project it was unclear whether Extell would go the route of rentals or condos, but the developer has likely settled on the latter—for now, anyway.

What's more, the number of units have dropped to 450 from the previously reported 500, and the building will now have 59 instead of 57 stories, though the building's height (692 feet) will remain the same. Plans for the Willoughby Street building also call for four stories of retail at the base of the structure, with all the residences on top.

Of course, all of this could change: A representative for the development would only tell Curbed that the project is in its early stages, and no plans for the building have been finalized right now. So take all of this with a grain of salt.

Extell purchased the site for $115 million last summer, and has brought on Kohn Pendersen Fox to design the building. The firm is anticipating $838 million from the sales of condos with the cost of constructed pegged at $574 million. The project is expected to wrap up sometime in 2019.