Leasing begins for 131 apartments at 55 Paseo Place in Park Slope, Brooklyn

The William Macklowe Company and GreenBarn Investment Group have opened leasing for Paseo on Fifth, a two-building, 131-unit apartment development at 55 Paseo Place in Brooklyn’s Park Slope neighborhood.

Designed by SLCE Architects with interiors by Durukan Design, the project fronts a new pedestrian paseo linking the buildings, creating a tree-lined plaza and gathering space just off 5th Avenue. The ground floor includes a Lidl supermarket, CVS, and Wells Fargo branch.

Apartments, ranging from studios to two-bedrooms, feature oversized windows with views of tree-lined streets and the Manhattan skyline. Residents share access to a landscaped rooftop lounge, central courtyard, coworking hub, social suite, and a gym with yoga studio. Additional amenities include a children’s playroom, craft studio, and spaces for events, viewing parties, and karaoke nights.

"We sought to create a modern experience that takes inspiration from all the best that Park Slope and Brooklyn have to offer,” said William Macklowe in a news release. “Every element, from the rooftop views and sun-filled apartment windows to the co-working spaces and fitness amenities, speaks to the way we live now. We were especially excited to create the 'paseo,' a tree-lined pedestrian path, and provide residents and the community with desired retail including a supermarket and pharmacy.” 

Paseo on Fifth is co-developed with joint venture partners NTT UD USA Inc. and Rithm Capital. Compass Development Marketing Group is handling leasing and marketing.

• Park Slope (Urbanize NYC)