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Rendering courtesy of Thor Equities
Rendering courtesy of Thor Equities
A rendering of the planned waterfront development coming to Red Hook.

With exciting new developments and commercial spaces kicking off in Red Hook, the waterfront nabe might just be the new “it” place to be (and work).

According to urban real estate developer Thor Equities, a new 7.7-acre development – designed by Foster + Partners – is the latest waterfront commercial space in the works in the area.

Built to fit the needs of a TAMI (technology, advertising, media and information) tenant, the space – surrounded by water on three sides and equipped with clear views of the Statue of Liberty and Lower Manhattan – will include a public waterfront esplanade designed by SCAPE/Landscape Architecture, as well as a central open courtyard and a rooftop space for future tenants.

“We are excited to present this unique new development, which will expand public access to the Red Hook waterfront, and provide an environmentally friendly and innovative environment for businesses operating in the creative and technology sectors in New York,” said CEO of Thor Equities Joseph Sitt.

While the city has yet to issue the massive development an address, Thor Equities writes that the property will include “two heavy timber frame buildings totaling more than 600,000 square feet of creative office space, 23,000 square feet of retail and restaurant space and expansive, open floorplates of approximately 100,000 square feet.”

“The design for this project takes advantage of its unique location in Red Hook, contributing to the wider regeneration of the area with new creative workspaces within a vibrant public realm,” said Nigel Dancey, senior executive partner at Foster + Partners. “Situated along the Brooklyn waterfront, the design pulls its natural surroundings into the site with a promenade, roof terraces and a green courtyard bisecting two low-rise building blocks. The design references the area’s industrial heritage, respecting the scale of the neighborhood, while creating flexible, innovative workspaces that will support new collaborative ways of work.”

The development will be located along the Brooklyn shore near IKEA and Erie Basin Park.  Transportation to the area includes a water ferry service, buses and a planned shuttle that will run to the nearby Smith-Ninth Street, Fourth Avenue/Ninth Street and Court Street-Borough Hall stations.  An in-the-works Brooklyn-Queens streetcar is also slated to serve the neighborhood.


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