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Rental Development in Brooklyn’s Greenpoint Lands $360 Million in Construction Financing

Asking Rent Per Unit in Neighboring Williamsburg Has Surged to Record, CoStar Data Shows
In Brooklyn, 1 Java St., a rental development along the waterfront, has secured $360 million in construction financing. (Lendlease)
In Brooklyn, 1 Java St., a rental development along the waterfront, has secured $360 million in construction financing. (Lendlease)
CoStar News
December 15, 2022 | 7:30 P.M.

In the latest sign of housing demand along Brooklyn’s waterfront, a 36-story, 834-unit apartment building project has secured $360 million in construction financing.

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