PR84902

BROOKLYN, New York, July 27, 2020 /PRNewswire=KYODO JBN/--

Extell Development Company announced today that Brooklyn Point [

https://c212.net/c/link/?t=0&l=en&o=2867072-1&h=3778635711&u=https%3A%2F%2Fbrooklynpointnyc.com%2F&a=Brooklyn+Point

] - the first-and-only for sale residences located above City Point, a

600,000-square-foot mecca of retail, dining and entertainment opportunities -

has commenced closings and first move-ins. Featuring amazing views as well as

over 40,000 square feet of indoor and outdoor amenities, including the highest

residential infinity pool in the Western Hemisphere, Brooklyn's tallest

building has created a new level of living in Downtown Brooklyn.

Photo -

https://mma.prnewswire.com/media/1219297/Extell_Development_Company_Cityscape.jpg

Photo -

https://mma.prnewswire.com/media/1219298/Extell_Development_Company_Poolside.jpg

Logo - https://mma.prnewswire.com/media/657676/Brooklyn_Point_Extell_Logo.jpg

"Brooklyn Point's success is a testament to the reputation of the Extell brand,

as well as the building's incredible amenities, breathtaking views, and amazing

value coupled with a 25-year tax abatement," said Ari Alowan Goldstein, Senior

Vice President of Development at Extell. "Additionally, with the neighborhood

continuing to reopen and the area's energetic atmosphere returning to a new

normal, residents will be thrilled to call Downtown Brooklyn home and enjoy

everything it has to offer."

In addition to closings commencing, and the return to in-person appointments

and tours, the building's first model residences will be unveiled. Designed by

Brooklyn-based interior design firm White Arrow, the firm developed a unique

story and color palate for each of the spaces, taking inspiration from Brooklyn

Point's interior designer Katherine Newman. Additionally, White Arrow

incorporated many custom pieces from local Brooklyn designers into their design

in an effort to celebrate and support the community. The firm sourced 100% hand

painted wallpaper by Sarkos, rugs from Pieces and Cold Picnic, and furniture

and lighting from Sun at Six, Moving Mountains, Pletz, Bower, and more.

Situated across the street from Downtown Brooklyn's new Willoughby Square Park,

the 720-foot, 68-story building was designed by Kohn Pedersen Fox and offers

483 luxury residences ranging from studios-to-three-bedrooms.

Adding to the building's allure is an unprecedented array of lifestyle

amenities and services spanning over 40,000 square feet. In addition to the

highest residential infinity pool, the landscaped rooftop is outfitted with a

sundeck and an outdoor movie screening space, making it the ultimate private

pool club. The health and wellness offering includes a 65' indoor saltwater

swimming pool, 35-foot rock climbing wall, studio rooms, and a

squash/basketball court. To complement residents' wellness experience, Brooklyn

Point's spa will also include an infrared sauna, steam rooms and a hot tub.

Social and entertainment amenities include the triple-height Park Lounge,

featuring a signature bar, salon, fireplace, and co-working space, as well as a

chef's demonstration kitchen, wine library, game lounge, screening and

performance room, private study, and children's playroom.

Brooklyn Point's amenities also include an outdoor oasis, designed by

award-winning landscape architecture firm Mathews Nielsen Landscape Architects.

The ninth-floor landscaped terrace will include al fresco dining areas with gas

grills, a putting green, fire pit, lounge areas, terrace bar and the Forest

Adventure children's playground.

Downtown Brooklyn has undergone a renaissance, transforming into a hub for

innovation, economic growth and cultural development. Iconic institutions such

as the Brooklyn Historical Society, BAM, Barclay's Center, The New York Transit

Museum and the Brooklyn Museum are cultural neighborhood staples. Only one stop

away from Manhattan, residents will have a variety of convenient transportation

options with 11 subway lines and the Long Island Rail Road all within close

proximity.

Pricing starts at approximately $900,000 and Brooklyn Point buyers also benefit

from a 25-year tax abatement. To schedule a private on-site showing, please

call +1-718-222-5770 or visit: www.brooklynpointnyc.com.

SOURCE:  Extell Development Company

CONTACT: M18 Public Relations

         Anna LaPorte

         +1-212-604-0318

         anna@m18pr.com;

         Brooke Goldberg

         +1-212-604-0318

         brooke@m18pr.com