The MTA is lifting the veil on plans to redevelop its warehouse at 40 Quay Street in Greenpoint, Brooklyn into a mixed-use high-rise complex. Plans call for 900 apartments, commercial space, and a permanent home for the Greenpoint Monitor Museum.

The project, named Monitor Point, would be built by the Gotham Organization, which controls the site under a 99-year ground lease approved earlier this week by the MTA Finance Committee.  The proposed development is expected to include up to 900 homes, accompanied by on-site parking, more than 100,000 square feet of retail and restaurant space, and rebuilt MTA facilities.

The proposed housing would include a 25 percent affordability component - priced for households earning up to 60 percent of the area median income - as well as designated senior units.

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