In north Greenpoint, a few blocks from the waterfront and Box Street Park, a 14-story building with 68 condos is going up at 19 to 29 Clay Street, now named Clay Collective. The developer, Investmates, has twelve completed Williamsburg and Greenpoint buildings that are all recorded condos, plus 820 Classon Avenue in Crown Heights, and every one of them was 3 to 10 units. This is by far its biggest project.
Where Things Stand
The offering plan for 19 Clay Street was submitted to the New York State Attorney General on November 4, 2026, and is awaiting acceptance. The filing confirms the building as a 68-unit condominium. No homes are for sale yet, there is no public pricing, and reservations can't be taken. Across the 55 Brooklyn projects I've tracked from filing to acceptance, most were accepted 5 to 9 months after filing (about 7 months is typical), which points to acceptance between roughly April and August 2027. Construction is already well along, with a city inspection in August 2026 finding work at the 9th floor. Join my early access list below and you'll hear about pricing and launch timing before it reaches StreetEasy.
What We Know So Far
68 condos across 14 stories, about 156 feet tall
About 111,700 square feet of total floor area, which includes commercial space, so the average home will be well under the 1,640 square feet that simple math gives
Likely a mix that includes larger family-size layouts; the unit mix will be in the offering plan once it's accepted
Under construction, with work at the 9th floor as of August 2026
Buying in a New Development?
New construction works differently than a resale: offering plans, sponsor contracts, closing costs and timelines all have their own rules.
A Closer Look at the Building
Greenpoint's new development pipeline is mostly small buildings of three to seven homes, so a 14-story building with 68 homes is a different kind of project for the neighborhood. Investmates' track record is all boutique condos, which makes this a big step up in scale. With construction this far along and the plan now filed, sales could follow acceptance faster than they do for most new filings. Amenities, finishes and outdoor space will be in the offering plan once it's accepted.
Greenpoint Highlights
North Greenpoint is the quieter end of the neighborhood, close to Newtown Creek and the new waterfront parks, with Franklin Street's cafes and Manhattan Avenue's shops a short walk away.
NYC Ferry at Greenpoint, about a 7-minute walk
The G at Greenpoint Avenue, about 12 minutes
Box Street Park and Transmitter Park on the waterfront, a short walk
Franklin Street dining and Manhattan Avenue shops nearby
Katie's Take
I track every new development filing in Brooklyn, and this one stands out because at 68 homes it is several times larger than any other Greenpoint project in my tracker, where filings run three to seven homes. Greenpoint new development has been asking about $1,450 to $1,550 per square foot, and Investmates' 820 Classon Avenue sold out at about $1,180, so this developer has tended to price for value. With the offering plan now filed and work past the 9th floor, acceptance is the next milestone, likely between April and August 2027, which is when pricing comes out.
Your next Brooklyn home may be closer than you think. Let's talk.