New York homebuyers who aren't afraid of heights can now consider purchasing a condominium unit inside the tallest building in Brooklyn.
Brooklyn Tower is a 93-story, or 1,066-foot, residential tower that features 143 condo units. The starting price for these homes is $965,000, the building's developer, Silverstein Properties, said. The units range from studios to four bedrooms.
Larry Silverstein, Silverstein Properties chairman, said the tower was built in Brooklyn, in part, because he's "committed to the borough's growth and its evolution into a world-class residential destination." The tower will deliver "an unparalleled living experience to residents," he said in a statement.
Silverstein also plans to sell penthouse suites in the tower, but the company said it will release details about those later.
Corcoran Sunshine Marketing Group is handling sales at Brooklyn Tower. The building will offer several amenities — including a fireside lounge, a cocktail bar, and what Silverstein described as the tallest basketball court in the Western Hemisphere. Residents can also take in the city views from the sky lounges on the 66th and 85th floors.
Brooklyn Tower also has 398 rental units available for lease, the developer said.
Silverstein Properties is known locally for its work behind rebuilding the World Trade Center complex in Lower Manhattan. Brooklyn Tower "is an iconic property" because of its design, the views it offers and how convenient it is to downtown Brooklyn, Kelly Kennedy Mack, Corcoran Sunshine president, said in a statement.
Silverstein is offering Brooklyn Tower at a time when New York's second-largest borough is experiencing soaring housing demand. Real estate agents in New York say there's a shortage of homes in the borough amid a fresh wave of buyers, driving up prices in the area.
Developers scramble to meet growing demand
As more people move to Brooklyn, developers have been racing to build condo towers to meet the demand. Last month, Charney Cos. secured a construction loan to build a 45-story tower with 182 units in Brooklyn's Fort Greene neighborhood. The Olympia — a 76-unit condo tower in Brooklyn's Dumbo neighborhood — opened in spring 2023.
"Overall, Brooklyn's market shows strong growth and resilience, with rising sales, a thriving luxury segment, and signs of optimism despite ongoing inventory constraints," market watchers Danielle Elo and Dennis McCarthy from Compass said in a first-quarter analysis of the borough. "Houses remain dominant, reflecting the ongoing demand for space, while the luxury market continues to thrive despite higher mortgage rates."
The average sale price for a home in Brooklyn reached a record $1.28 million during the first quarter of 2025, according to a report from New York-based brokerage Douglas Elliman Realty. Condos sold for an average of $1.31 million, the Elliman data indicates.
New Yorkers signed contracts for 210 condo units last month, up from 207 in May 2024, according to Elliman data. Most of those condos sold between $500,000 and $2 million.