A sizeable new residential project is coming together at the rather pedestrian-unfriendly area between Downtown Brooklyn and DUMBO. Now nearly fully risen, 260 Gold Street will bring 286 rental apartments to the quickly densifying area. The 13-floor building will have 194,089 square feet of residential space with the average apartment size around a modest 689 square feet. The former parking lot site is located at the corner of Tillary and Gold streets was acquired by Solomon Feder's Gold Street Realty Holdings in August 2018 for $60M, according to city records.
The bricky design is by J Frankl Associates and Charles Mallea. Many of the apartments will have balconies, and above the ninth floor setback, terrace opportunities abound. On lower floors, there will be 114 parking spaces, nearly equal to the number of spaces that were lost when the site was a parking lot. There will also be bike parking and several lounges and recreational spaces on the ground floor. Absent from the filings is any sign of retail space that would go some ways towards enlivening the area's car-centric experience.
260 Gold Street is nearly topped out as of early January 2020
Renderings via J Frankl C Mallea Y Stern Associates Architects & Engineers DPC
With months of construction still ahead, information on pricing is not yet available.Median rents in Downtown Brooklyn stand at $2,851/month for studios, $3,560/month for 1-bedrooms, and $5,061/month for-2 bedrooms. Close to the project, there are several residential developments that have been constructed that include Oro Condominiums at 306 Gold Street (condos from $875,000), the rental buildings known as Bklyn Gold, and Bklyn Air at 309 Gold Street. Find more details about Downtown Brooklyn real estate here.
Slightly different design posted on Instagram by Titan Engineering
The McDonald's that stood at the site (Google street view)
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