Monitor Point

Monitor Point is a public private partnership between the Gotham Organization and the Metropolitan Transportation Authority that will create a mixed-use waterfront community at 40 Quay Street in Greenpoint, Brooklyn. Monitor Point will generate significant civic and community benefits with a focus on mixed-income housing, attractive public open space, sustainable design, energy efficiency, employment opportunity, and economic mobility.



A new intergenerational mixed-income residential community featuring 1,000 rental homes plus new retail and commercial space in Greenpoint, including the new permanent home for the Greenpoint Monitor Museum.

The development plan includes a relocation of the existing NYCT Mobile Wash Unit to a new site, and a new facility for the MTA Emergency Recovery Unit.

Monitor Point will create a public waterfront connection between Williamsburg and Greenpoint, and additional open space adjacent to Bushwick Inlet Park, the nexus of the two vibrant communities.


Mixed Income Intergenerational Housing

Develop rent-stabilized income based affordable homes to help create an inclusive community in Greenpoint.

  • Creates approximately 1,000 mixed-income homes
  • 25% of homes set aside as permanently affordable housing *Average AMI of 60%
  • Ancillary parking included
  • Senior housing set aside included
  • RiseBoro Community Partnership to co-manage affordable and senior housing

Senior Affordable Housing

Independent, affordable senior residences with an emphasis on dedicated services and programming.

Greenpoint Monitor Museum

Monitor Point will contain a new permanent home for The Greenpoint Monitor Museum to be built on the Museum’s land which shares the launch site of the USS Monitor. The Museum will have a newly constructed, prominent waterfront home on the Bushwick Inlet, allowing it to continue providing educational programming. The museum commemorates the USS Monitor, a steam-powered ironclad warship that fought in the American Civil War at the Battle of Hampton Roads.

Retail and Commercial Space

Bring new neighborhood amenities and shops for Greenpoint and Williamsburg residents to enjoy

  • Over 100,000 sq.ft of mixed retail and commercial space.

NYCT Emergency Response Unit (ERU)

A new turn-key facility for the ERU contextually integrated into the project will allow the MTA to vacate their current location, allowing for the construction of the long anticipated park at Box Street.

NYCT Mobile Wash Division

A new approximate 100,000 SF purpose-built facility for the Mobile Wash Division and NYCT Material Storage Unit will be constructed on a separate property outside of the neighborhood.

Open Space

The development plan creates a waterfront promenade connecting Greenpoint and Williamsburg, and a public plaza at the south terminus of West Street.

  • Project will contribute annual payments to the Parks Department toward open space maintenance at Bushwick Inlet Park.


Monitor Point and the waterfront access will be designed and constructed in an environmentally sensitive, energy efficient and sustainable manner.

Employment Opportunity

The development will create a multitude of well-paying construction jobs, in addition to bringing permanent union building maintenance positions, and bringing long-term employment opportunities through the creation of new retail and commercial space.

We Need Your Help

It is critical that we encourage our community and elected officials to support a public private partnership that will add a robust new supply of mixed-income housing, create new open space connections in North Brooklyn, reduce vehicular truck traffic in the neighborhood, and unveil a new waterfront home for the Greenpoint Monitor Museum. Monitor Point will bring:

  • 250 new affordable housing units
  • 100 affordable housing units for senior housing
  • The full realization of Box Street Park
  • New commercial and retail opportunities to the community
  • New permanent union building maintenance positions
  • Sustainability efforts to repair the shoreline
  • A new home for the Greenpoint Monitor Museum

Support our vision and advance the creation of Monitor Point by signing on to the support below and receiving further updates.

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Please help our community grow sustainably and equitably by advancing the creation of Monitor Point. We need friends, family, elected officials, and community leaders to work together in support of a better future for Greenpoint.

Tentative Timeline

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Gotham Logo

Gotham has over 100 years of experience constructing and developing high quality mixed-use buildings throughout New York. The Gotham team has deep experience in a multitude of programs and strategies to create affordable housing ranging from utilization of capital subsidies, public private partnerships, inclusionary housing, renovations and preservation of historic buildings, to new construction on public or private land.

The company has a long history of developing innovative partnerships with New York institutions to build affordable housing, schools, community facilities and cultural spaces.

Following development and construction, its in-house property management division seamlessly transitions into ongoing building and community management for our affordable developments, operating vibrant communities in stable, financially successful buildings.

RIse Boro Logo

Since 1973, RiseBoro has offered services designed to support every generation and meet the needs of communities. Their unique model of holistic community revitalization works by developing neighborhood assets, like affordable housing, to create the foundation for a more vibrant and diverse community. They build upon this foundation with programs designed to connect people to resources to help everyone in the community thrive, especially our most vulnerable populations.

RiseBoro is redefining New York City for New Yorkers. They do this working hand in hand with their partners, fellow nonprofits, government officials, and the people living in the local communities. They want to create a New York City that takes those who just survive and empowers them to thrive.

The Metropolitan Transportation Authority is North America's largest transportation network, serving a population of 15.3 million people across a 5,000-square-mile travel area surrounding New York City through Long Island, southeastern New York State, and Connecticut.

The MTA network comprises the nation’s largest bus fleet and more subway and commuter rail cars than all other U.S. transit systems combined. The MTA's operating agencies are MTA New York City Transit, MTA Bus, Long Island Rail Road, Metro-North Railroad, and MTA Bridges and Tunnels.

The MTA’s provision of safe, clean, and efficient public transportation is the lifeblood of the New York City metropolitan area – linking millions of residents to cultural, educational, employment, and economic opportunities throughout the region.

FXCollaborative leverages its broad experience in architecture, interiors, and planning to enrich the world with responsible, intelligent, and beautiful design. Recently ranked as the ninth-largest in New York City in Crain’s annual list of the metropolitan area’s top architecture firms, FXCollaborative’s holistic approach integrates client aspirations, urban sensibilities, and a celebration of the craft of building.

The firm’s work ranges from the scale of individual buildings and interiors—office towers, multi-family residences, cultural facilities, workplace, K-12, and higher-education institutions—to the planning of the city, addressing infrastructure and transportation.

April 24, 2021 marked the 25th Anniversary of the Board of Regents of the University of the State of New York approval of The Greenpoint Monitor Museum’s Provisional Charter.

Since 1996 the Museum has partnered with Oliver Tilden Camp No. 26, Co. I 83rd  NYVI SVR of the Sons of Union Veterans of the Civil  War and the National Oceanic and Atmospheric Administration (NOAA) USS Monitor National Marine Sanctuary keeping alive the memory of the USS Monitor, John Ericsson her designer, her builders and crew  and all who fought to save the Union and end slavery during the Civil War.  Together they participated in the  Museum’s  Road Show School Program from its classrooms at  PS110 “The Monitor School” and MS126 “John Ericsson School”.  The Museum has participated in USS Monitor Expeditions off Cape Hatteras including the recovery of the ship’s turret and engine. NOAA representatives have participated in Museum events in Greenpoint including the USS Monitor’s 150th Anniversary.  In recognition of the importance of the Museum site, NOAA installed a “USS Monitor Trail Marker” on the site to serve as a connection to other historic USS Monitor sites.