Rose Associates & Benenson Capital Partners Celebrate Topping Out of 210 Livingston Street
Posted On January 4, 2017
Rose Associates and Benenson Capital Partners are pleased to announce the topping out of 210 Livingston Street, a 26-story, 368-unit luxury residential tower in Downtown Brooklyn that will include innovative social amenities, nearly 25,000 square feet of retail space and an underground parking garage.
“The topping out of 210 Livingston Street is an important milestone as we move closer to delivering this building on schedule,” said James L. Hedden, chief development officer of Rose Associates. “This property is emblematic of the evolution of the area, and we look forward to welcoming our first tenants in late 2017.”
The tower is a co-development of Benenson Capital Partners and Rose Associates. Construction began at the site in December 2015. Designed by Handel Architects, the building will feature a contextual brick façade, double-height residential lobby and retail spaces, and a brand new subway entrance on Schermerhorn Street that will service the A, C and G lines.
“This property has been an asset of the Benenson family for more than 40 years, and it’s been a thrill to watch it take shape,” said Richard A. Kessler, chief operating officer of Benenson Capital Partners. “These are exciting times for this neighborhood, and we’re pleased that 210 Livingston is playing a part in its revitalization.”
Once completed, residents of 210 Livingston’s studio, one- and two-bedroom apartments will have access to an exciting amenities package that includes three separate outdoor spaces, a courtyard, a landscaped terrace on the 15th floor, and a rooftop with grill area and sun deck. The luxury residential tower will also offer an eclectic resident’s club with lounges, game rooms, a catering kitchen, a state-of-the-art fitness center and more. An on-site leasing office is scheduled to open winter 2017.
About Benenson Capital
The Benenson group of companies dates back to 1905 and is still controlled by the Benenson family. Benenson Capital Partners is a leader among privately held operating companies in real estate investment, development and asset management. BCP manages 150 properties, including retail, office, industrial, multifamily, hospitality and land throughout the United States, Canada and Europe on behalf of the Benenson group of companies. The company focuses on core, value add and opportunistic investments across all major property sectors, as well as its historic leadership in the ownership of single-tenant triple-net leased properties occupied by major corporate tenants.
About Rose Associates, Inc.
Based in New York, Rose Associates is a developer, owner and operator of premium residential properties. From planning a new development to managing day-to-day property operations, the Rose 360 Platform offers a full range of services designed to maximize the value of real estate. The firm oversees more than 26,000 units across New York, with approximately $2 billion in projects under development. Rose recently opened the historic skyscraper 70 Pine Street, which the firm is transforming into a luxury rental property with 644 residential units, 132 extend-stay apartments and a destination restaurant/lounge occupying the top four floors.