# 29 Jay Street, Brooklyn

Commercial · built 2023 · Block 20, Lot 1.

On Umarelli: https://umarelli.org/nyc/3000200001/29-jay-street

More construction in Dumbo: https://umarelli.org/nyc/brooklyn/dumbo.md

## Building permits

- No Work, filed May 1, 2026, described as “Temporary use for display of merchandise.”
- Alteration, filed Dec 7, 2023, described as “Eifs work on suspended scaffolds”
- Alteration, filed Sep 22, 2023, estimated cost $3K, described as “Installation of a temporary overhead protection per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed May 2, 2023, estimated cost $1K, described as “Support of excavation for con ed vaults”
- Alteration, filed Feb 16, 2023, estimated cost $7K, described as “Installation of a temporarily Monorail w/chainfall system and working platform per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Jan 11, 2023, estimated cost $18K, described as “Installation of temporary roof protection at adjacent properties during NB const, filed sep. Roof protection shall comply with ch #33 of the NYC bc. No change in use,occupancy or egress under this application.”
- Alteration, filed Jan 5, 2023, estimated cost $7K, described as “Installation of temporary overhead protection during NB const, filed sep. Overhead protection shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed Oct 25, 2022, estimated cost $12K, described as “Installation of construction fence as per drawings. Construction fence shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application. Fence installed on sidewalk/roadway. Dot permits by others.”
- Alteration, filed Oct 25, 2022, estimated cost $14K, described as “Installation of heavy duty sidewalk shed during NB const, filed sep. Sidewalk shed shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed Sep 28, 2022, estimated cost $1K, described as “Installation and use of temporary concrete placing boom as per plans field herewith. No change in use, egress or occupancy.”
- Alteration, filed Sep 16, 2022, estimated cost $1K, described as “Application for the installation of a material platform at 167 Plymouth Street (AKA 29 Jay Street) filed herein. No change in egress, use, or occupancy.”
- Alteration, filed Apr 7, 2022, estimated cost $20K, described as “Installation of dual 6600 # capacity personnel/material hoists during NB const, filed sep. Hoists shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application. Elevator application submitted…”
- Alteration, filed Aug 4, 2021, described as “Installation of temporary construction fence filed in conjunction with new building #321592969”
- Alteration, filed Aug 2, 2021, estimated cost $1K, described as “Filing ehrrewith temporary standpipe in conjunction with new building.”
- Alteration, filed May 18, 2021, estimated cost $1K, described as “Curb cut for new building”
- Alteration, filed May 13, 2021, estimated cost $1K, described as “Boiler for new building filed under DOB #321592969”
- Alteration, filed Mar 22, 2021, estimated cost $1K, described as “Support of excavation”
- Alteration, filed Feb 25, 2021, estimated cost $1K, described as “Fuel storage for emergency generator”
- Alteration, filed Feb 25, 2021, estimated cost $1K, described as “Emergency generator for new building”
- Alteration, filed Dec 17, 2020, estimated cost $1K, described as “Mechanical work for new building”
- Alteration, filed Dec 9, 2020, estimated cost $1K, described as “Structural work for new building”
- Alteration, filed Nov 24, 2020, estimated cost $1K, described as “Plumbing work for new building”
- Alteration, filed Nov 24, 2020, estimated cost $2K, described as “Combined sprinkler/standpipe system for new building”
- Alteration, filed Nov 10, 2020, estimated cost $5K, described as “Installation of sidewalk shed as per plans, sidewalk shed live load will be 300 psf, shall comply with chapter #33 of the 2014 code no change to use, egress or occupancy.”
- Alteration, filed Nov 5, 2020, estimated cost $30K, described as “Installation of plywood fence during bldg demolition, filed separately. Plywood fence shall comply with ch 33 of the NYC bc. No change in use, occupancy or egress under this application. Dot permits filed separately for fence on…”

## Property taxes

- Assessment: $46,294,650
- 2026–27 tax: $446,491
- Market value (city estimate): $102,877,000
- Taxable value: $46,113,120
- Assessed land: $2,385,450
- Assessed improvements: $43,909,200

## Tax breaks

- ICAP abatement, through Jun 30, 2050, a $4,555,860 credit this tax year.

## Zoning

M1-6/R8X: floor area ratio 10.38 built, above the 10.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Mar 23, 2020: $61,500,000, 21,735 sq ft ($2,830 per sq ft)

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, moderate risk: a 0.2% chance of flooding each year.

## Landmarks

Part of DUMBO Historic District (Historic District). 11 Landmarks Preservation Commission permits are on file.

## Board and land use applications

- 29 Jay St Rezoning and ZR amendment (City Planning P2016K0063): Completed, decided Jan 8, 2019. Applicant requesting a Zoning Map change from M1-4/R8A to M1-6/R8X and a Zoning Text Amendment to modify base height, setback regulations to facilitate a new 189,285 sf office development with ground floor retail in DUMBO, CD 2, Brooklyn.
- Amended DUMBO BID (City Planning P2016K0439): Completed. Amend existing DUMBO BID

## In the news

[29 Jay Street Nears Completion In DUMBO, Brooklyn](https://newyorkyimby.com/2024/06/29-jay-street-nears-completion-in-dumbo-brooklyn.html), New York YIMBY, Jun 30, 2024.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology