Real Estate Weekly
Image default
Deals & Dealmakers

The Brodsky Organization Announces Full Lease Up of Plank Road at Pacific Park

The Brodsky Organization today announced that Plank Road, one of the latest residential developments within Pacific Park in Prospect Heights, Brooklyn, is 100 percent leased. Offering well-located rentals, a full suite of amenities and incredible views — coupled with peak market demand — the 27-story, 312-unit luxury rental building has fully leased its market-rate apartments. This is a special milestone as Brodsky completed Plank Road during the pandemic and finished leasing just seven months after receiving its first temporary certificate of occupancy (TCO).

“This is a major achievement for Plank Road and our team,” said Alexander Brodsky of The Brodsky Organization. “To be able to fully lease the building in just seven months is proof of the high demand for high-quality apartments, first-class amenities and a prime location, all of which Plank Road offers.”

Designed by Marvel, Plank Road offers studios to two-bedrooms, with 94 set aside as affordable units. It will also be home to a future public middle school at the base of the building. Residents were quickly drawn to the open floor plans, hardwood floors, floor-to-ceiling windows, state-of-the-art appliances and views of the surrounding neighborhood and beyond. This, in addition to a full suite of amenities, including a rooftop pool, fitness center, lounge with outdoor terrace and a children’s playroom. 

Leasing continues across the street at Brodsky’s second Pacific Park building, Brooklyn Crossing, located at 18 Sixth Avenue. Developed in partnership with Greenland USA, the 51-story residential building offers 858 new units of mixed-income housing, 258 of which are set aside for affordable housing. The building — which offers studios to one- to three-bedroom apartments, and 26,000 square feet of amenities including a Sky Lounge and rooftop pool — opened for tours in January and is already 35 percent leased. Like Plank Road, Brooklyn Crossing offers access to the best of Brooklyn’s culture and culinary scene, including the Barclays Center and Brooklyn Academy of Music, as well as having unparalleled public transportation access.

(Visited 1 times, 1 visits today)

Related posts

Fisher, Olnick tap JLL to manage 700K office property

REW

CBRE’s Mid-Atlantic Net Lease Property Group Sells 35 Properties Totaling Nearly $100 Million

REW

Progress Capital Arranges $54.5 Million Construction Financing for Newark School of Architect
& Interior Design

REW