500 Metropolitan: Williamsburg's Pyramidal Tower Readies for Leasing; Retail Spaces Divulged

500 Metropolitan from Union Avenue in early November (CItyRealty)

Friday, Nov 10, 2017 By CityRealty Staff, CityRealty contributor

While most Brooklyn developments shoot up like barnyard weeds, one large Williamsburg project has taken almost a decade to crystallize. Once marketed as the “Gateway to Williamsburg,” 500 Metropolitan will be a 14-floor mixed-use building developed by the Chetrit Group. The 200,000-square-foot venture will bring an array of retail offerings, a 189-room hotel and 58 apartments to the prime site above the G and L train’s Metropolitan-Lorimer Street subway station.

A recent swing by the tower reveals that the façade is nearly done, and interiors are coming together. The enigmatic massing is partially due to an oblong, V-shaped site broken up by several “hold-out” buildings such as the iconic Kellogg’s Diner. Kutnicki Bernstein Architects (KBA) are the designers and are the third firm to rein in on the project.

500 Metropolitan renderings via KBA

(KBA)

via Winick

Stacked like a ziggurat, the 172-foot-tall tower will offer an abundance of terrace opportunities with views towards Manhattan. Amenities are to include an underground garage, basketball and tennis courts and two swimming pools. Winick Realty Group is handling the retail leasing and a marketing brochure showcases the roster of opportunities available. The complex should be finished by early 2018 and we hope to have a few more details by then.

Plans of the retail opportunities (Winick)

Concept designs (Winick)

via Winick

(CityRealty)

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500 Metropolitan: Williamsburg's Pyramidal Tower Readies for Leasing; Retail Spaces Divulged

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Price Cuts: Sandie Tilotson's penthouse at Mandarin Oriental reduced by $15M; UWS brownstone with underground pool now 20% off

Rebound in Manhattan sales includes Harry Belafonte's UWS co-op, a $47M Central Park Tower aerie, and trophy deals in landmarks

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