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People strolling along a pedestrian walkway lined with shops and trees, with string lights overhead.

COMMERCIAL OBSERVER

The Plan: Paseo on Fifth Offers Classic Elements and Chic Brooklyn Living

Construction is underway at Paseo on Fifth, a six-story residential development in Park Slope, Brooklyn, designed by SLCE Architects with interiors by Durukan Design. Developed by William Macklowe Company, GreenBarn Investment Group, NTT UD USA, and RITHM Capital, the project features 180 apartments, including 45 affordable units, connected by a landscaped pedestrian walkway linking Fifth Avenue and Sterling Place. Residences offer studio to two-bedroom layouts with modern finishes, private terraces, and smart-home features, while amenities include a gym with climbing wall, coworking lounge, library, children’s spaces, and rooftop decks with city views.

People strolling along a pedestrian walkway lined with shops and trees, with string lights overhead.

6sqft

The best new apartment buildings near Prospect Park

With its 585 acres of woodlands, waterways, and meadows, Prospect Park is a serene escape in the heart of Brooklyn. Designed by Frederick Law Olmsted and Calvert Vaux in the 1860s, the public park is one of Brooklyn’s most beautiful places to wander and connect with nature. As more renters and buyers prioritize access to green space, new residential developments have been popping up in neighborhoods around the park. For those looking to live near Brooklyn’s Backyard, we rounded up the best new apartment buildings located within a mile of Prospect Park.

People strolling along a pedestrian walkway lined with shops and trees, with string lights overhead.

RE Business Online

Partnership Completes Lease-Up of 49-Unit Apartment Building in Brooklyn

A partnership between William Macklowe Co. and GreenBarn Investment Group has

completed the lease-up of a 49-unit apartment building in the Park Slope area of Brooklyn. Designed by SLCE

Architects with interiors by Durukan Design, the four-story building is part of the Paseo on Fifth development,

which comprises 131 units across two buildings. Residences at Paseo on Fifth come in studio, one- and

two-bedroom floor plans. Rents start at roughly $3,200 per month for a studio apartment.