356 Fulton Almost Ready for New Construction

Back in 2021, permits for a 43-story building were approved for 356 Fulton Street in Downtown Brooklyn. Demolition of the older buildings is near completion, which means that the tower will hopefully start construction in the latter of 2022. This project comes in the midst of a building boom in the entire area, which has brought new construction to Brooklyn. Buildings like 11 Hoyt and Front & York have changed the game in the borough, paving the way for architectural marvels that feature great views, great homes, and greater amenities. Though not much is known about what’s going into the new 356 Fulton, several goals have been set by developers at the Feil Organization.

This 43 story complex will be a mixed use, commercial and residential space. It will be around 496 feet tall and sport over 100,000 square feet of office space. The rest of the building will hold its 363 apartments, 30 of which are to be set aside for affordable housing. The plan is for the building to have two cellar levels, a garden area, and both an indoor and outdoor parking lot, both with 73 spaces for a total of 146. Expect some stellar amenities to be included here as well.

The former site of 356 Fulton Street was a three story banking building that was built in 1967. In 2006 it became part of the Fulton Mall Improvement Association, an organization dedicated to improving one of the most highly trafficked shopping areas in the city. The bank, occupied by CapitalOne at the time, was dedicated to providing sanitation and security to the Fulton Street Mall, which it did for nearly a decade. In 2015, the building was acquired by its current owners The Feil Organization. Once CapitalOne vacated the premises, it was decided that the area would be transformed into housing.

The architecture firms in charge of design are MdeAS, who’s past projects include One Wall Street and Gramercy Loft, and SLCE, who’s past projects include 36-20 Steinway Street and The Vandewater. Both firms are experts in luxury living and smart commercial space, so this combination is a natural build for the both of them. The firm hopes to add a spectacular building to the Downtown Brooklyn skyline, while also respecting the surrounding architecture of the neighborhood.  They hope the new 356 Fulton Street will be move-in ready by 2025.

New York City is constantly changing, replacing the old with the new. 356 Fulton Street is a prime example of that. The building boom in Brooklyn is nowhere close to stopping, and this new luxury unit is sure to impress. It also benefits the city by adding more affordable housing options. Overall, it looks like this will be a stunning, convenient building that will, most likely, feature some amazing amenities. It’s just a shame we have to wait until 2025. Though, seeing the past work of the architects involved with the project, the wait will definitely be worth it.