Monitor Point is a proposed mixed-use development at 40 Quay Street, featuring 1,150 apartments, retail space, the Greenpoint Monitor Museum, and outdoor public areas. The project includes two towers, 600 and 450 feet tall, along with a 230-foot building at 56 Quay Street. It aims to help fund the MTA's capital program. Community reaction is divided: supporters advocate for more housing and job creation, while opponents worry about ecological impacts on Bushwick Inlet Park and rising housing costs.
Monitor Point would include 1,150 apartments, retail, a physical space for the Greenpoint Monitor Museum, and publicly-accessible outdoor space.
The project is expected to begin the city's Uniform Land Use Review Process this fall, coming from the MTA's efforts to generate revenue by leasing the waterfront property.
Supporters argue the community needs more housing, especially affordable options, with Monitor Point expected to have about 288 affordable units.
Opponents fear Monitor Point will threaten the still-incomplete Bushwick Inlet Park and surrounding ecosystems while increasing housing prices.
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