News: Brokerage

RXR announce grand opening of The Willoughby

Brooklyn, NY RXR, a leading real estate owner, operator, and developer in the New York Tri-State area, announced the grand opening of The Willoughby, a new ground-up, 34-story mixed-use tower located at the intersection of Fort Greene and Downtown Brooklyn at 196 Willoughby St.

The Willoughby features floor-to-ceiling glass windows, walnut oak flooring, natural stone mosaic tile, in-unit washer-dryers, a fitness center, outdoor courtyard, on-site parking, views of New York City in all directions and is a short walk from the Atlantic Ave. transit hub. The building dedicates 30 percent of units as rent stabilized apartments for middle income households.

“The Willoughby sets a new standard of living in Brooklyn, offering an exceptional combination of views and amenities, together with expansive public transportation options and easy access to Fort Greene Park,” said Joanne Minieri, COO for Construction & Development at RXR. 

“Demand for the new residential product remains strong,” said Jarrod Whitaker, senior vice president of Residential Operations, RXR. “The Willoughby’s popularity is no surprise given its location, design, amenities, and first-class services.”

The Willoughby provides 476 total units which include studios, 1 and 2-bedrooms. All apartments feature open kitchens, integrated stainless steel appliances, and an in-unit washer/dryer. Residents also have direct access to an underground parking garage. Exclusive amenities for residents include a library, fitness center, yoga studio, conference room, entertaining room and lounge.

Outdoor amenities include a large outdoor dining area, built-in grilling stations, community space and built-in fireplaces with lounge seating. The building also features new work from home spaces, a floating library, a private dog run/spa, outdoor courtyard, surrounding streetscape improvements and is located within walking distance of Fort Greene Park and the 2/3/4/5/D/N/R/B/Q/C transit lines.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account