What is the latest status of the project “Brooklyn Adaptive Reuse Project”?

The status recorded for “Brooklyn Adaptive Reuse Project” is Planned.

What is the budget and commercial profile for the project “Brooklyn Adaptive Reuse Project”?

Taiyo normalizes the budget of “Brooklyn Adaptive Reuse Project” to USD 125000000.

Where can I verify the source and access all details for “Brooklyn Adaptive Reuse Project”?

This Taiyo project page references Brooklyn Eagle along with the original URL (https://brooklyneagle.com/articles/2025/03/18/watermark-capital-secures-125m-for-brooklyn-adaptive-reuse/). Taiyo standardizes official data into a consistent, searchable project profile.

Brooklyn Adaptive Reuse Project

Sector: Residential • Location: Brooklyn, New York, United States

Source: Brooklyn Eagle

Project

Planned

Watermark Capital Group has secured a $125 million senior construction loan for the office-to-residential conversion of 175 Pearl St. in Brooklyn. The project involves converting an existing eight-story office building into multifamily housing and adding an 11-story condo tower, totaling 19 stories. The development will include amenities for both rental and condo residents, with a portion of renta

Status: Prospective
Sector: Residential, Commercial
Location: Brooklyn, New York, United States of America
Updated: 22 Jul 2026
Source: Brooklyn Eagle

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Project Information

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The project “Brooklyn Adaptive Reuse Project” is an infrastructure initiative in the Residential sector, located in Brooklyn, New York, United States. Taiyo aggregates data on it from Brooklyn Eagle.

Participants

Not available for this record.

Status

Original status	Planned
Taiyo status	Prospective
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Budget

Location

Country	United States of America (USA)
State	New York
City	Brooklyn

Source

Source	Brooklyn Eagle
URL

More Details

Record type	Project
Sector	Residential, Commercial
Article published date	2025-03-21

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