499 President Street Update 05/15/24

Facade Installation Progresses for 350 Unit Mixed-Use Project in Gowanus

Brett Steinberg of masonry subcontractor, King Contracting Group NY, has shared progress photos depicting the facade installation progress at 499 President Street; a topped-out, 9-story mixed-use project, going up in Brooklyn's Gowanus neighborhood.

Jointly developed by The Brodsky Organization and Avery Hall, the building will contain apartments. Offering both market-rate units and affordable housing, these will be available in studio, one, and two-bedroom configurations.

Tenant amenities are to include a fitness center with a yoga studio, resident lounges with co-working spaces, private dining accommodations, game rooms, and a roof deck with a swimming pool and seating areas.

In addition to residential space, the development will feature square feet of ground-floor retail space, and an enclosed parking garage, with enough room for vehicles.

Designed by , 499 President Street stands feet tall and totals square feet altogether. The irregularly shaped project site spans square feet. Due to being a partial through-lot, the development will have frontages on President Street, Nevins Street, and Union Street.

The project is set to cost $155 million, and general contractor, , is overseeing its construction at the top level. Work is ultimately expected to finish by February of 2025.

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