Watermark Retirement Community’s Renovation of 21 Clark Street Progresses in Brooklyn Heights
In 2017, 21 Clark Street was sold by The Jehovah’s Witnesses to private equity firm Kayne Anderson Real Estate Advisors for $200 million. Total construction costs including renovation and redevelopment of the structure is placed at $330 million.
The Watermark at Brooklyn Heights was specifically designed to fill a void for high-end senior housing in the New York City market. Montroy DeMarco Architecture (MDA) and interior designer Lemay + Escobar were retained to help reimagine the aging property as envisioned by the development team. The structure will feature residences that range from studios to two-bedroom apartments, with amenities including a rooftop terrace, a public art gallery, a library lounge, a collection of health and wellness facilities, and an upper-level “Skyline club room.”
The Watermark at Brooklyn Heights will also provide two floors of Memory Care services for those living with cognitive impairment.
Altogether, amenity space spans approximately 50,000 square feet.
“This residence will have a number of dramatic public spaces, including a soaring two-story restaurant,” said Richard DeMarco, partner at Montroy DeMarco Architecture. “We are respecting the original beauty of the building and reviving some features to create an amenity-filled environment for discerning seniors. Overall, we have planned and designed the Watermark at Brooklyn Heights to enable residents to be proud of their environment.”
Source: New York Yimby
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