A newly released rendering showcases the design for 19-29 Clay Street, a planned 14-story residential development in Brooklyn's Greenpoint neighborhood. The 156-foot-tall building, designed by INOA Architecture and developed by Investmates, will encompass 86,742 square feet of space and feature 68 condominium units alongside 13,312 square feet of ground-floor retail space. The construction site is strategically positioned near the intersection of Clay and Commercial Streets.
The architectural rendering displays the building's southern elevation, featuring a sophisticated design with floor-to-ceiling windows, white metal paneling, and integrated vegetation throughout the five-story podium section. The structure incorporates a setback design beginning at the sixth floor, with the upper eight stories showcasing multiple balconies equipped with glass railings. A flat rooftop with a bulkhead structure on the western side completes the building's profile, though it remains unclear whether the northern facade will mirror this design approach.
Current site conditions show the property covered by a large white tent and surrounded by construction machinery, indicating ongoing environmental remediation work. The land was previously occupied by a 94-year-old industrial building that has since been demolished to make way for the new development. Aerial photography reveals the temporary structures installed over portions of the site during the cleanup process.
Investmates recently secured significant financing for the project, obtaining $81 million in construction funding from S3 Capital. This follows a previous $12.15 million land acquisition loan provided by the same lender in 2022, which enabled the purchase of the site's three separate parcels. The substantial financial backing demonstrates strong investor confidence in the Greenpoint residential market.
The planned condominium units will offer flexible living arrangements with one- to four-bedroom layouts, and most residences will include private outdoor space for residents. The building will feature comprehensive amenities including a welcoming lobby, secure bicycle storage, a dedicated children's playroom, flexible coworking space, a fully equipped fitness center, and a pet spa. Additionally, residents will have access to a landscaped terrace situated atop the multi-story podium, providing outdoor recreation space.
Transportation accessibility is a key advantage of the location, with the G train's Greenpoint Avenue station located to the south of the development site. Northern access is provided by the 7 train at the Vernon Boulevard-Jackson Avenue station, positioned across Newton Creek. These subway connections offer residents convenient access to Manhattan and other Brooklyn neighborhoods.
Construction of 19-29 Clay Street is expected to reach completion by fall 2027, adding to Greenpoint's growing residential landscape. The project represents continued investment in the neighborhood's transformation from industrial to mixed-use development, contributing to the area's ongoing gentrification and modernization efforts.
