United States Real Estate Investor

What’s Planned for the Brooklyn Club Site? Rising on the current Boys & Girls Club and P.S. 287 properties, the proposal calls for a three-building mixed-use development that would markedly remake this stretch of Nassau and Navy streets. One tower would replace the Boys & Girls Club at 240 Nassau St. Two more buildings would rise on the current school site, including a corner structure with a new P.S. 287 and retail. The project would add 1,500 apartments, including 305 affordable units . Community Uses and Review Pressure Another Navy Street high-rise would combine senior housing, retail stores, and additional uses. A 27,000-square-foot community center and a 15,000-square-foot cultural center are planned, with space distributed across all three buildings. Similar projects elsewhere have relied on workforce housing models to pair residential growth with community-serving spaces. Ground-floor areas on Nassau Street would anchor those facilities. The plan enters environmental r...

What’s Happening With Atlantic Yards Now Atlantic Yards has entered another high-stakes shift as a new development team, Cirrus Workforce Housing and LCOR, assumed control in 2025 after years of delays and plan changes. As of early 2026, the site includes Barclays Center and eight finished residential towers, while eight more towers from the original vision remain unbuilt. The first phase produced 3,212 apartments. Delays, Density, and Community Impact The revised plan now targets about 9,000 apartments, adding more than 2,000 units beyond earlier approvals. That second phase could bring roughly 5,000 more homes, but the construction timeline remains long and uncertain. Platform work over the rail yard is expected to take about three years per section, pushing some tower occupancy to 2034 and full buildout into the late 2030s. State oversight remains decisive because Empire State Development approved the Cirrus-LCOR joint venture in October 2025 to complete the rail yard and Site 5 pa...