The RXR of Scott Rechler is ready to redevelop a Clinton Hill site that is briefly used as a migrant shelter after scoring support of an important legislator.
The Land Use Committee of the City Council and the Subcommissie Zoning Plan Unanimously approved RXR’s re -use for the conversion of 47 Hall Street in the Brooklyn, Crain’s, Crain district reported. The local councilor Crystal Hudson voted for the decision of land use.
“With this application, this space will finally maximize its potential and secure extra homes in the demanding district of Clinton Hill,” said Hudson, according to the outlet.
The RXR campus would span 933,000 square feet on both converted buildings and new construction. There would be 620 apartments, including 150 to 180 affordable units-48,000 square foot retail space, 161,000 square foot self-storage space and 36,000 square foot for parking.
The development site is a complete block between Park and Flushing Avenues, under the Brooklyn-Reens Expressway and across the Brooklyn Navy Yard.
The building has been empty since 2023, when it was rented to New York City Health + Hospitals to be used as a migrant shelter. Parts of the space have been used to accommodate more than 3,000 asylum seekers.
The lease for the health and hospital system went in March.
RXR acquired the property in 2016 for more than $ 160 million, but was forced to pause in the middle of renovations after the start of the pandemic. The development, planned as ‘the hall’, was originally on course to be converted into luxury office space.
The city council is expected to vote on the RXR project next week before it goes to the mayor’s office.
The Rechler company recently scored a different victory when it achieved 100 percent occupation for its office tower in Midtown at 1285 Sixth Avenue.
– Holden Walter-Warner
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