GREENPOINT YARDS — IN PERMITTING CROWN TERRACE — SITE ACQUIRED SUNSET COMMONS — ANNOUNCED TEST — TEST ASHLAR ON PROSPECT — UNDER CONSTRUCTION ARCHWAY ON BERGEN — UNDER CONSTRUCTION TEST CURRENT — STATUS LABEL THE NORTHERN II — COMPLETED ASTOR ON THIRD II — COMPLETED FULTON GREENE — COMPLETED THE NORTHERN I (COPY) — COMPLETED 597 GRAND ST — COMPLETED ASTOR ON THIRD I — COMPLETED THE NORTHERN I — COMPLETED FULTON GREENE (COPY) — COMPLETED FULTON GREENE (COPY) — COMPLETED FULTON GREENE (COPY) — COMPLETED 597 GRAND ST (COPY) — COMPLETED GREENPOINT YARDS — IN PERMITTING CROWN TERRACE — SITE ACQUIRED SUNSET COMMONS — ANNOUNCED TEST — TEST ASHLAR ON PROSPECT — UNDER CONSTRUCTION ARCHWAY ON BERGEN — UNDER CONSTRUCTION TEST CURRENT — STATUS LABEL THE NORTHERN II — COMPLETED ASTOR ON THIRD II — COMPLETED FULTON GREENE — COMPLETED THE NORTHERN I (COPY) — COMPLETED 597 GRAND ST — COMPLETED ASTOR ON THIRD I — COMPLETED THE NORTHERN I — COMPLETED FULTON GREENE (COPY) — COMPLETED FULTON GREENE (COPY) — COMPLETED FULTON GREENE (COPY) — COMPLETED 597 GRAND ST (COPY) — COMPLETED
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Inquire Developing NYS · Est. 2008
Under Construction · Est. 2027

Ashlar on Prospect

467–477 Prospect Ave, Park Slope, Brooklyn, NY 11215 · Residential

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62%
Construction Progress
Q2 2027
Est. Completion
396
Total Units
100+
Affordable Units
Overview

Ashlar on Prospect is bringing 396 new residences to Park Slope, sized and detailed for the block around it rather than for maximum short-term yield. Steel structure is currently rising above street level, with the building on track for its projected Q2 2027 delivery.

Every phase is closed out and inspected before the next begins, and lenders receive weekly progress reporting for the full duration of construction — a practice Developing NYS applies across its active portfolio.

Highlights
  • Steel structure currently rising above street level
  • 100+ affordable units allocated via NYC Housing Connect
  • Zero change orders affecting schedule to date
Location
Park Slope, Brooklyn, NY
Status
Under Construction
Construction Start
Feb 2024
Est. Completion
Q2 2027
Affordable Units
100+
Residential Sq Ft
342,000 Sq Ft
Retail/Community Facility Sq Ft
9,000 Sq Ft
Delivery Type
Mixed-Income
Parking
On-Site Included
Architect
FRW Architects
Interior Designer
FRW Architects
Construction Progress

62% complete — on track for a Q2 2027 delivery

Under Construction
Overall Progress62%
Site Prep
Feb 2024
Foundation
Jun 2024
Structure
In Progress
Interior
Proj. Q4 2026
Completion
Proj. Q2 2027

Structural steel and concrete decking are currently rising, on pace for topping out in Q1 2026.

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