25 YEAR 421-A TAX ABATEMENT AND IMMEDIATE OCCUPANCY>
550 Vanderbilt is the first residential building to open in PacificPark Brooklyn, the revolutionary new Frank Gehry designed 22-acre projectcoming to Prospect Heights. Through the masterful vision of COOKFOX, 550Vanderbilt offers the inaugural opportunity to live and own in New Yorksnewest park. With 350,000 square feet dedicated entirely to park space,childrens play areas, open lawns, basketball courts, dog runs, and more, thisis unlike any living experience New York has ever seen.>
This stunning 2-bedroom, 2-bathroom residence with lofty ceilingsheights of up to 10 feet has been designed using a palette of natural, organicelements with an array of sophisticated fixtures and finishes. Contemporaryopen layouts are complimented by wide-plank white-washed oak floors thatseamlessly flow from room to room along with oversized windows that capturethe gorgeous neighborhood and city views.>
The sublime kitchen offers custom grey lacquer cabinetry, lime-washedwalnut accents, white Carrara marble countertops and backsplash, and a suiteof fully integrated Miele appliances. Additionally, there is a washer/dryerand central climate control system in every unit.>
Residents will enjoy 10,000 square feet of amenities including white-glove, 24 hour door service, a library by McNally Jackson, fitness center byThe Wright Fit, lounge with catering kitchen, childrens playroom, pet groomingstation, and an amazing rooftop terrace with communal gardens and breathtakingcity views.>
THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROMSPONSOR. FILE NO. CD15-0007.