Socius Development Group, LLC

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180 Montague Street, Brooklyn Heights, NYC
$55 Million
Financing by Union Labor and Life Insurance Company (ULLICO)
 
  • 33 Stories, 193 Luxury Rental Apartments
  • 10,000 sf of Retail

  • 76 Parking Spaces on three below grade levels

The 33 story luxury tower was constructed on a small footprint just 12 feet from a subway tunnel. Due to DOB parking requirements, three sub-levels were created to accommodate 76 parking spaces. Pinpoint coordination with the NYC Transit Authority was required to insure no disruption of the subway service during demolition, excavation and foundation. A core shift during the design process resulted in greater efficiency in the residential section and created additional valuable retail space at the ground floor. Upon completion, 180 Montague Street commanded the highest residential rents in Brooklyn.
 

Certificate of Occupancy 2000
Sold to Archstone Smith for over $100 million in 2002