REQUEST FOR BIDS INFRASTRUCTURE/REAL ESTATE INVESTMENT OPPORTUNITY AVAILABLE 5802 1ST AVENUE SUNSET PARK PIER BROOKLYN WATERFRONT DEVELOPMENT RIGHTS OF 860,788 SQ. FT. FOR MORE INFORMATION, PLEASE CONTACT: MARK ZUSSMAN +1 646 522 1230 mark.zussman@cbre.com
THE FUTURE IS PIER NYU Langone Hospital Brooklyn PIER SITE BROOKLYN ARMY TERMINAL
SUNSET PARK PIER 5802 1ST AVENUE, BROOKLYN, NY Pier Site/Vacant Land Permited uses include industrial, office, retail or recreational use. THE OPPORTUNITY Located in Sunset Park between Brooklyn Army Terminal and Industry City and within 4 blocks to N & R trains. Permitted uses include industrial, office, retail, recreational. Opportunity to re-construct the pier, build above, and potentially transfer excess development/air rights to nearby properties. PROPERTY HIGHLIGHTS 827/20 BLOCK/LOT 430,394 SF LOT SIZE 860,788 SF DEVELOPMENT RIGHTS (SF) 2.0 FAR WATERFRONT DEVELOPMENT RIGHTS OF 860,788 SQ.FT. BROOKLYN ARMY TERMINAL 1,399 LOT DEPTH M2-1 ZONING 315 LOT FRONTAGE $86,730 REAL ESTATE TAXES
SUNSET PARK PIER 5802 1ST AVENUE, BROOKLYN, NY Pier Site/Vacant land Permited uses include industrial, office, retail or recreational use.
SUNSET PARK PIER The Future is Pier Steps from Brooklyn Army Terminal. Blocks from NYU Lutheran Medical Center. Minutes to Manhattan. A prime pier development opportunity exists in Sunset Park along the waterfront. With a revitalized industrial market, the renovated Brooklyn Army Terminal, and the new NYU Lutheran Medical Center, Sunset Park is evolving. New needs for the neighborhood include parking, access to the waterfront, recreational parks and housing.
SUNSET PARK PIER Brooklyn In the News ** Will print automatically! If it doesn't, click here. ** http://nyti.ms/1grhehq N.Y. / REGION Pier 40 to Be Saved Under Plan to Build 1,500 Apartments in West Village By MARC SANTORA OCT. 20, 2015 After years of debate, disagreement and inaction, New York City officials and developers plan to announce on Wednesday a proposal to save Pier 40, the former cargo terminal in Manhattan that is in danger of collapsing into the Hudson River, by selling off air rights to a developer that plans to build on the other side of the West Side Highway. The plan, which still needs to go through a public approval process, envisions raising more than $100 million by selling the air rights to allow the development of five buildings between Clarkson and Charlton s, on the eastern flank of the highway, that would include hundreds of apartments for low and middle income households. The money raised would be used to repair the 15 acre pier, which is currently known to most New Yorkers for its public parking lot and crowded but aging athletic fields. A recent study found that the pier was falling apart, with more than half of the 3,500 steel pilings that support the structure suffering from severe deterioration. This is a huge win for the park, said Madelyn Wils, the president of the Hudson River Park Trust, a partnership between New York State and the city that is charged with the design, construction and operation of the four mile NYU Langone moves ahead with Lutheran Medical Center merger NYU Langone disclosed in recent financial statements that it has committed $190 million over five years to the Sunset Park hospital. Jonathan LaMantia Courtesy of NYU Langone NYU Langone will merge with Brooklyn's Lutheran Medical Center. hospitals in an email. Published: July 21, 2015 3:39 pm NYU Langone Medical Center disclosed that it is proceeding with a full asset merger with Brooklyn's Lutheran Medical Center instead of their current financial arrangement. NYU Langone didn't initially expect to switch gears when it first signed an affiliation deal with Lutheran. But the hospitals decided to pursue a merger "to expedite the growth of NYU Lutheran as a premier site for high quality medical care in Brooklyn and to address the increasing financial challenges it faces," according to an application seeking regulatory approval from the state Department of Health. "This is just the next step in our shared mission to expand high quality health care services to our Brooklyn communities," said a spokeswoman for both In an affiliation approved by state regulators in April, Lutheran became NYU Lutheran Medical Center. NYU Langone disclosed in recent financial statements that it has committed $190 million over five years to the Sunset Park hospital. The pledge includes a $50 million grant for investment in capital projects for clinical programs, a $100 million loan to implement an electronic patient health record and other new information systems, and a $40 million loan for investment in other capital projects and equipment. New York's community hospitals increasingly are looking to large health systems for financial support, exploring strategic alliances and mergers. One impetus is the shift in hospital reimbursement to a model where they are paid a set monthly amount based on how many patients they are responsible for. This method favors large systems with multiple hospitals spread across the region, such as NYU Langone. Currently, in the fee for service model, most hospitals are paid for each test and procedure performed.
Navy The Bronx Soundview (2018) Pier. Transportation. NYC Ferry Service Sunset Park/Brooklyn Army Terminal is home to one of the stops on the Brooklyn route along the NYC Ferry Service, just steps from the subject property. Connecting waterfront communities, NYC Ferry Service provides an additional option for commuters in the New York City boroughs. Stops on the Brooklyn route include Bay Ridge, Sunset Park/Brooklyn Army Terminal, Red Hook, Pier 6/ Atlantic, Pier 1 / DUMBO and Wall St / Pier 11. The NYCEDC is also planning a greenway along the waterfront of the Sunset Park/Brooklyn Army Terminal stop. Subway N R W The N, R and W trains are a short 4 block walk from the subject property. The 59th Station (N &R) sees 4.1 million in annual ridership, according to the MTA. Additionally, the 53rd Station (R) sees 2.3 million and the 45th Station has 2.2 million in annual ridership. Unnamed 88 89 Narrows 86 87 Unnamed Bay Ridge 83 70 73 82 78 81 85 84 SUNSET PARK PIER 76 77 80 71 74 3 72 63 Senator 4 79 68 Little West Barnell 1 2 End King Ferris Conover Washington 50 West Pearl Sullivan Van Dyke Hubert Liberty Carlisle Coffey Beard 73 Dwight Greenwich Laight Warren Broad Collister Jay Thames Bridge King Dikeman Cortlandt New Wolcott 65 67 42 Desbrosses Harrison Vesey 60 61 West Beaver Van Brunt Otsego Columbia Esplanade Pine Water Watts Platt Gold Richards 51 Dominick Vestry Thomas Murray Dey 70 Columbia Charlton Vandam North Moore Chambers Barclay Fulton Pioneer John Imlay 40 66 Creamer Sigourney Hicks Broome Leonard Reade Frankfort Ann Spruce Nassau Bowne Duane Wall Canal Worth Cliff Fletcher Grand Rapelye 49 White Summit Nelson Bryant Sullivan Front Columbia 46 63 Thompson Mercer Mill Bay 38 44 Wooster West Houston Dover Spring Smith Halleck 57 Centre Bush Woodhull Lorraine 45 55 Greene Prince Walker Baxter Pell James President Lafayette Oliver Henry Luquer 36 54 Crosby Centre 58 Bleecker Division Unnamed West 9 19 Mulberry Willow Clinton Court Furman Market Vine Amity Chrystie Kane New Dock Cranberry Clark Pike Henry Pierrepont Remsen Congress Carroll Huntington 41 Hicks 18 25 26 27 28 Mott Elizabeth Madison 47 Joralemon Middagh De Graw Sackett Union Smith 61 East 4 Stanton Forsyth Eldridge Poplar 4 24 Bond Allen Montague 40 East 1 Orchard 52 Ludlow Washington Broome Prospect Tillary Adams Johnson Bond 43 Essex East 2 Jay Hoyt 57 Montgomery Plymouth High Pearl Pacific Dean Bergen Warren Baltic 22 23 62 62 Stewart North End 10 5 59 71 74 4 N R W 6 9 7 Of The Americas 64 30 Of The Finest 39 34 N R W Bay Ridge 8 56 3 D Ovington Hamilton 11 10 New Utrecht Atlantic 2 53 59 21 N R W Sunset Park N R Q W 48 60 2 50 51 Norfolk Wyckoff Douglass 37 East 3 East 5 Henry 12 13 14 49 1 Lawrence Delancey Sands Concord Butler 39 55 Clinton Pitt Gouverneur York 44 John Nevins East 9 East Houston Abraham Kazan Water Front Duffield Livingston 20 Attorney Ridge Gold Nassau Prince Schermerhorn 15 Minna 38 42 45 46 56 East 7 A 5 11 12 13 14 East 6 8 9 Tehama Marshall Navy Bike Path State 5 10 16 Chester 3 15 Flatbush Extension 7 18 19 16 B 4 17 Clara Louisa 17 54 C Hudson 6 Prospect 35 36 41 East 8 Sheriff Little 18 19 East 11 Lewis Cherry West Shipways 4 Willoughby 3 East 2 St Edwards St Felix 1 2 6 47 East 12 East 10 2 Carroll 7 8 4 East 3 Mangin East 4 East 14 6 Cumberland Dekalb Oxford President 10 Front Greenwood Morris Warrington Perry North Portland Caton Seeley Sherman East 2 5 Vanderbilt C 11 East 5 Ditmas Mc Donald Portland F D Railroad 7 Lafayette Webster Lawrence 20 Parkville Market Park Willoughby East 5 East 7 Adelphi Bergen East 10 East 9 Elmwood East 8 9 Pacific North 1 3 Rush Flushing Myrtle St Marks Coney Foster 8 Carlton Kay Gee 9 Clermont Vanderbilt Kent Greene East 8 Clinton Parkside North 3 1 River 5 Berry Clymer Morton Taylor Ryerson Hall Fulton Church East 9 Wythe Gates East 10 Washington Underhill Newkirk H I Division 14 Waverly Flatbush Prospect Park J Woodruff Coney E90th E62nd E34th Stuyvesant Cove Lower East Side (2018) Wall St/ Pier 11 Manhattan Whitehall Staten Ferry Grand Staten Roosevelt EAST RIVER FERRY Governors St. George Astoria (2017) Long City Hunters Pt Greenpoint North Williamsburg Williamsburg BBP Pier 1 DUMBO BBP Pier 6 Atlantic Red Hook Brooklyn Army Terminal Bay Ridge NEW FERRY ROUTES Brooklyn south brooklyn (2017) Queens Rockaway 6 ROUTES 21 LANDINGS will run over about 60 miles in the water 4.6 MILLION TRIPS projected per year SUNSET PARK PIER will be ferry connected The Rockaways (2017) HALF A MILLION+ Live within 1/2 mile of a ferry landing
Opportunity. Created. There are a number of existing developments along the waterways of the Tri- State area, including Seaport, Chelsea Piers and Riva Pointe. New developments also include Brooklyn Bridge Park on Pier 6, the upcoming Pier 57, and Dock 72. Seaport, Lower Manhattan, New York, NY Pier 17 Festival Marketplace owned by the Howard Hughes Corporation (to be redeveloped). SOUTH STREET SEAPORT CHELSEA PIERS SPORTS Chelsea Piers Sports & Entertainment Complex, Chelsea, New York, NY 28-acre waterfront sports village located between 17th and 23rd s situated on Piers 59, 60, and 61. Pier 57 (Google Pier) - Meatpacking District, New York, NY A $350 million planned redevelopment project with 250,000 square feet of office, 155,000 square feet of commercial, and cultural space developed by RXR and Youngwoo. Google will occupy the office space and an international food market from chef and television personality Anthony Bourdain will occupy the commercial space. DOCK 72 PIERHOUSE HYATT REGENCY Pier 6 - Brooklyn Heights, Brooklyn, NY Proposed development of 339 apartments in two residential towers. PIER 57 PIER 6
INFRASTRUCTURE/REAL ESTATE INVESTMENT OPPORTUNITY AVAILABLE 5802 1ST AVENUE SUNSET PARK PIER BROOKLYN WATERFRONT DEVELOPMENT RIGHTS OF 860,788 SQ. FT. FOR MORE INFORMATION, PLEASE CONTACT: MARK ZUSSMAN +1 646 522 1230 mark.zussman@cbre.com 2017 CBRE, Inc. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries.we obtained the information herein from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.