NEW YORK CITY — Cammeby’s International, in partnership with Rybak Development, has begun leasing Sky Three Residences Club, a three-tower, 1-million-square-foot project located at 532 Neptune Ave. in Brooklyn, less than a mile from Coney Island. The total project cost was not disclosed, however, the developers received a $252 million construction loan in July 2023. A portion of the residences are designated as affordable housing.
The three-tower community offers 499 studio-to-three-bedroom units and 100,000 square feet of indoor and outdoor amenities that include a pool, a sauna, a massage room, a fifth-floor quarter-mile outdoor running track, landscaped terraces and lounges, children’s play areas, wellness spaces and a lobby that is staffed at all hours. CVS, Apple Bank and grocer Net Cost Market are among the ground-floor retail tenants. Move-ins are expected to begin on Nov. 1. Asking rents were not released.