The Metropolitan Transportation Authority (MTA) issued a Request for Proposals (RFP) in 2019 for the redevelopment of 40 Quay Street. After a competitive selection process, our proposal was chosen because it achieves multiple community and MTA objectives: creating new housing (including affordable units), enhancing waterfront resilience and access, and enabling the relocation of MTA facilities to a more appropriate location. This comprehensive approach allows us to address several community priorities simultaneously while supporting the MTA's need to modernize its operations.
Our team was selected through a competitive RFP process issued by the MTA in 2019. The proposal was chosen based on our track record in community-oriented development, the innovative approach of combining the MTA and Monitor Museum sites, and our viable plan for relocating MTA facilities to 213 Meadow Street within the North Brooklyn Industrial Business Zone (IBZ). We've partnered with affordable housing experts who will provide community-based affordable housing and supportive services and co-manage the affordable housing portion of this development.
No. Monitor Point was specifically designed to address Community Board 1's identified priorities while respecting Greenpoint's unique character. Unlike the majority of waterfront development on the North Brooklyn waterfront, we're committing to a minimum of 25% permanently affordable housing through Mandatory Inclusionary Housing (MIH), which exceeds what would be required under as-of-right development. Additionally, we're preserving local heritage through the Greenpoint Monitor Museum, creating 700 feet of public waterfront access, and enabling the completion of Box Street Park—amenities that will benefit the entire community, not just building residents.
On the contrary, Monitor Point will significantly enhance waterfront access. The current MTA facility creates a barrier between the neighborhood and the waterfront. Our plan removes this barrier and creates approximately 700 feet of shore public walkway connecting Bushwick Inlet Park to the south with the existing Greenpoint shore walkway to the north.
This creates a continuous public waterfront that has been inaccessible for generations. Additionally, this project will create and enhance view corridors, enhancing the experience of shared public spaces and offering accessible views to Manhattan and Bushwick Inlet Park.
Yes, and we're committed to ongoing engagement. In developing the proposal, we prioritized the issues identified by Brooklyn Community Board 1 as district priorities: affordable housing, access to open space, and street safety. We began preliminary community outreach in 2022-2023 and are continuing to engage residents and local leaders throughout 2024-2025 as we begin the formal land use process. We welcome your feedback and will incorporate community input wherever possible.
We understand the desire for more park space, but this approach addresses multiple critical community needs simultaneously:
By balancing these needs, Monitor Point delivers multiple community benefits that wouldn't be possible if the site were used exclusively as parkland.
Coastal resilience is central to our design. The project incorporates:
These measures will not only protect Monitor Point but will help create a more resilient edge for the entire Greenpoint waterfront.
We're committed to environmental responsibility throughout all phases of the project. Our construction management plan will include strict dust and noise controls, and we'll use clean construction equipment wherever possible. The finished project will incorporate sustainable design elements that improve, rather than harm, the local environment. The environmental review process (which includes public input) will thoroughly evaluate potential impacts and require appropriate mitigation measures.
A comprehensive environmental impact study is required as part of the land use process. This study will evaluate potential impacts on transportation, schools, utilities, and other infrastructure. It will be available for public review as the project nears certification by the NYC Department of City Planning (anticipated in early 2025). Community members will have opportunities to provide feedback on the draft scope of the environmental impact study. We're committed to addressing any infrastructure concerns identified through this process.
A minimum of 25% of the new homes built at Monitor Point will be permanently affordable through the City of New York's Mandatory Inclusionary Housing (MIH) provisions. This is a higher percentage of affordability than what's currently required under existing zoning. Our affordable housing partner will ensure these units serve a range of income levels and family sizes, with a focus on serving the needs of existing community members.
First and foremost, we're committed to ensuring economic benefits flow to the Greenpoint community. Monitor Point will create:
Monitor Point significantly improves street safety by:
The relocation of MTA facilities will actually reduce heavy vehicle traffic in Greenpoint's residential areas. While new residents will bring some additional traffic, our plan includes:
The environmental review will include a detailed transportation analysis and identify any needed mitigation measures to prevent negative impacts on local traffic.
We're committed to universal accessibility. All public spaces, including the waterfront walkway, will be fully accessible to people of all abilities. We'll incorporate inclusive design principles throughout the project and ensure that everyone can enjoy all community amenities, regardless of age or ability.
While our timeline is preliminary and subject to change as we move through the approval process, we will keep the community informed of any adjustments.
We welcome your input! Your feedback helps us create a better project that truly serves the Greenpoint community. Click here to sign up to receive updates from our team or reach our team.
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