54 Crown Street
Update
09/09/24
Facade Installation Continues for 17-Story Rental Project in Crown Heights
Construction crews have now installed a majority of the facade materials at 54 Crown Street; a topped-out, 17-story, residential project, going up in Brooklyn's Crown Heights neighborhood. Developed and constructed by , with serving as the architect, the square foot building is set to contain rental apartments and square feet of ground-floor retail space.
Plans also call for 1,325 square feet of community facility space, and a large, enclosed parking garage, with enough room for vehicles. Back in August, the team secured a $233 million construction loan for the project. The loan was issued by Urban Investment Group, a real estate and community development lending division of Goldman Sachs.