Rose Associates Heads to Brooklyn

The planned City Point building–a.k.a Albee Square, a.k.a. The Gallery at Fulton Street–has brought another residential developer on board, according to Joe Chan, the president of the Downtown Brooklyn Partnership, a public-private entity overseeing the neighborhood’s development.

Rose Associates, a 79-year-old Manhattan-based firm, has joined a consortium of developers already working on the mixed-use project, which will reach up to 60 stories at the corner of Fulton Mall and Fleet Street. The consortium includes MacFarlane Partners, which is also developing the residential portion; Acadia Realty Trust; P/A Associates; and Paul Travis. Another residential developer, AvalonBay, dropped out earlier this year.