Gotham wins final go-ahead for Brooklyn waterfront apartment towers

by The Real Deal

It’s a done deal for the Gotham Organization — with a final approval of its controversial Monitor Point in Brooklyn won after the inclusion of more than 600 affordable homes. The City Council gave its final go-ahead Thursday for the locally based developer to construct two towers with 1,324 apartments at 40-56 Quay Street, in Greenpoint, Crain’s New York reported. It will replace a truck wash station on 2 acres owned by the Metropolitan Transportation Authority.  The greenlight came three weeks after Council member Lincoln Restler cut an 11th-hour deal with Gotham to make half of the units affordable, boosting […]

This article originally appeared on The Real Deal. Click here to read the full story.

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