**25 YEAR 421-A TAX ABATEMENT AND IMMEDIATE OCCUPANCY** 550 Vanderbilt is the first residential building to open in Pacific ParkBrooklyn, the revolutionary new Frank Gehry designed 22-acre project coming toProspect Heights. Through the masterful vision of COOKFOX, 550 Vanderbiltoffers the inaugural opportunity to live and own in New Yorks newest park.With 350,000 square feet dedicated entirely to park space, childrens playareas, open lawns, basketball courts, dog runs, and more, this is unlike anyliving experience New York has ever seen.This stunning 3-bedroom, 3.5-bathroom residence with lofty ceilings heights of10 feet has been designed using a palette of natural, organic elements with anarray of sophisticated fixtures and finishes. Contemporary open layouts arecomplimented by wide-plank white-washed oak floors that seamlessly flow fromroom to room along with oversized windows that capture the gorgeousneighborhood and city views.The sublime kitchen offers custom grey lacquer cabinetry, lime-washed walnutaccents, white Carrara marble countertops and backsplash, and a suite of fullyintegrated Miele appliances. Additionally, there is a washer/dryer and centralclimate control system in every unit.Residents will enjoy 10,000 square feet of amenities including white-glove, 24hour door service, a library by McNally Jackson, fitness center by The WrightFit, lounge with catering kitchen, childrens playroom, pet grooming station,and an amazing rooftop terrace with communal gardens and breathtaking cityviews.THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR.FILE NO. CD15-0007.