Hub at Brooklyn Navy Yard Hub in Downtown Brooklyn

NEW YORK CITY—Steiner NYC received $330 million to refinance its 55-story Brooklyn residential skycraper located at 333 Schermerhorn St. The fully leased, 610-foot building, called Hub, is the largest apartment tower in Brooklyn. It is located close to many of the borough’s most popular neighborhoods including Boerum Hill, Fort Greene, Brooklyn Heights, Park Slope and Downtown Brooklyn. The loan was provided by Nuveen, a subsidiary of TIAA. Terms of the refinancing were not disclosed.

Completed in 2017, the apartment tower was developed by Steiner NYC and designed by Dattner Architecths. It has 750 rental units, 150 of which are affordable housing. The building’s modern features include floor-to-ceiling glass windows, nine-to-ten-foot ceiling heights and more than 40,000 square feet of amenity space. The property also includes street-level retail.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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