Columbia Commons
Multiple Addresses
Property Type:
Number of Units:
95
Property Size:
63,349 SF
Columbia Hicks is a mixed-income development that offers 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.
Read MoreThe 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.
Read MoreNewly 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.
Read More