Real Estate

New York-Presbyterian Brooklyn Methodist Hospital Signs Lease At 38 Sixth Avenue

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38 Sixth (Photo taken July 31, 2017 by Pamela Wong/BKLYNER)

New York-Presbyterian Brooklyn Methodist Hospital is expanding to Prospect Heights.

The hospital recently signed a lease for a 26,462-square-foot space at 38 Sixth Avenue between Pacific and Dean Streets, according to the Commercial Observer. The building is part of Greenland Forest City Partners’ six million square feet Pacific Park Brooklyn development.

Pacific Park Brooklyn is a commitment made by Greenland Forest City Partners with Governor Cuomo, Mayor de Blasio, and local community groups to build 2,250 affordable apartments by the year 2025. Plans for Greenland Forest City Partners’ 22-acre, $4.9 billion Pacific Park Brooklyn project include more than 6,000 units of affordable and market-rate housing, with 2,250 reserved for affordable rental units.

38 Sixth will be the third affordable housing residential rental building to launch at Pacific Park, following the November 2016 debut of 461 Dean and a recent ribbon-cutting at 535 Carlton, a 100 percent affordable residential property.

Rendering of 38 Sixth via 38sixth.com

Designed by SHoP Architects, when complete, 38 Sixth Avenue will offer 303 affordable apartments, ranging from studios to three-bedrooms, spanning 23 stories. The units will be available to low, moderate, and middle-income applicants with household incomes of $20,126 to $173,415. Monthly rents will range from $532 for studios up to $3,695 for a three-bedroom.

BKLYNER reached out to New York-Presbyterian Brooklyn Methodist Hospital for further details on the real estate deal. We will update when we receive a response.

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