Pacific Park’s 550 Vanderbilt hits 50 percent sold mark

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Pacific Park’s 550 Vanderbilt hits 50 percent sold mark June 29, 2016 07:05AM By E.B. Solomont Nine months after officially launching sales, Pacific Park Brooklyn’s first condominium building.

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That’s what Forest City New York and Greenland USA did just last month at their 278-unit Brooklyn condo 550 vanderbilt, where sales started strong but slowed to a trickle last year. Two years after launching, the project is about 65 percent sold.

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550 Vanderbilt is the first residential building to open in Pacific Park Brooklyn, the revolutionary new Frank Gehry designed 22-acre project coming to Prospect Heights. Through the masterful vision of COOKFOX, 550 Vanderbilt offers the inaugural opportunity to live and own in New York’s newest park.

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Nine months after officially launching sales, Pacific Park Brooklyn’s first condominium building is 50 percent sold, the developer said. More than 140 units at 550 Vanderbilt Avenue are now in.