Columbia Commons

Multiple Addresses

Number of Units:

95

Property Size:

63,349 SF

Columbia Hicks is a mixed-income development offering both for-sale (Columbia Commons) and rental units (Columbia Hicks) located in the Columbia Street Waterfront District in Brooklyn, south of Atlantic Avenue. The development is the capstone of several years of investment and rehabilitation in the district that has seen rapid growth in restaurants, shops and cultural outposts. The development closed on financing in an especially challenging market environment, yet achieved a highly successful rent up and sell out. The transformation of the site of the former Hamberger Christmas Display Factory and adjacent vacant lot has resulted in 125,000 SF of residential space with units studios through four bedrooms. The project was awarded the 2011 Jack Kemp Workforce Housing Models of Excellence Award.

Award

The Urban Land Institute (ULI) Terwilliger Center

Columbia Hicks wins 2011 Jack Kemp Workforce Housing Models of Excellence Award.


News

The Real Deal: The Brooklyn Bridge Park Price Bump

In the 1950s, Robert Moses excised a patch of Brooklyn waterfront from the larger brownstone neighborhoods of Carroll Gardens and Cobble Hill, using his preferred surgical tool: a highway.

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The Wall Street Journal: By Any Name, Columbia Street District Shows Life

The attraction of being near the East River is helping to draw new residents and businesses to the Columbia Street Waterfront District.

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Newly Formed GSLM Closes First Deal

GSLM Capital Partners said it completed financing on the proposed $55 million Columbia Hicks apartment complex in Cobble Hill, marking the first development under GSLM's recently launched urban investment fund.

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