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 40% permanently affordable housing, going above and beyond the amount required by Mandatory Inclusionary Housing (MIH) for new developments, and creating substantially more affordable housing than 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. From the start, we focused on priorities identified by Brooklyn Community Board 1—affordable housing, open space, and street safety. We began outreach in 2022–2023, continued meeting with residents and local leaders through 2024–2025, and look forward to further engagement as ULURP kicks off in December 2025. 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. Additionally, the project’s environmental impact statement found no significant adverse impacts in any environmental category.
The required Environmental Impact Statement (EIS) has been completed, evaluating impacts on local infrastructure and community facilities—including schools, libraries, early-childhood programs, utilities, open space, and natural resources.
Key findings:
40% of the new homes built at Monitor Point will be permanently affordable. This far exceeds what is required under Mandatory Inclusionary Housing provisions and current zoning regulations. Additionally, this is a significantly 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 found that relocating incompatible MTA facilities improves pedestrian safety and neighborhood character, and the project team remains committed to addressing infrastructure concerns.
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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