Announced

The Ritz-Carlton Residences, Brooklyn Heights

Marriott International and SomeraRoad are transforming the landmarked Hotel Bossert at 98 Montague Street into The Ritz-Carlton Residences, Brooklyn Heights, the 50th standalone Ritz-Carlton Residences in Marriott's global portfolio and the borough's first branded residences.

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Details

98 Montague Street, Brooklyn. 15 floors and 62 residences. Broke ground 2026, completing 2029. Financed with $71M from Beach Point Capital Management in May 2025.

The story so far

The Renaissance Revival building, designed by Helmle & Huberty for Brooklyn lumber magnate Louis Bossert and long nicknamed the "Waldorf-Astoria of Brooklyn," is being restored rather than replaced. SomeraRoad and SLCE Architects, working with a team of preservation specialists, are keeping the geometric brickwork, granite and limestone base, terra-cotta cornice, arched double-height windows, cast-iron railings and lion's-head keystones intact, while the former hotel interiors give way to 62 condominium residences geared largely to three- and four-bedroom buyers, plus a setback limestone-clad rooftop addition that takes the building to 15 floors, courtyard infill and new window openings approved by the Landmarks Preservation Commission. Residents receive full Ritz-Carlton service, including a 24-hour-attended lobby, dedicated residential services and access to Marriott's ONVIA recognition program. The ground floor will house Union Square Hospitality Group's first full-service Brooklyn restaurant, open to the neighborhood. SERHANT. New Development is handling sales.

Expected opening 2029
Expected groundbreaking 2026
oftmw.com
Financing secured May 23, 2025

SomeraRoad bought the Hotel Bossert from Beach Point for $100M, financed with a $71M Beach Point Capital Management loan.

pincusco.com
Announced 2025 est.

Project unveiled Sep 15 2026.

oftmw.com
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
TMW IntelligenceVerified Oct 26, 2026
AnnouncedBreaking GroundConstructionOpening SoonNow Open

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Common questions

Frequently asked

Where is The Ritz-Carlton Residences, Brooklyn Heights located?

The Ritz-Carlton Residences, Brooklyn Heights is located in New York City.

When will The Ritz-Carlton Residences, Brooklyn Heights be built?

The Ritz-Carlton Residences, Brooklyn Heights is an announced development that has not yet started construction, targeting completion in 2029.

Who is developing The Ritz-Carlton Residences, Brooklyn Heights?

SomeraRoad is the developer behind The Ritz-Carlton Residences, Brooklyn Heights.

Who designed The Ritz-Carlton Residences, Brooklyn Heights?

The Ritz-Carlton Residences, Brooklyn Heights was designed by SLCE Architects.

How big is The Ritz-Carlton Residences, Brooklyn Heights?

The Ritz-Carlton Residences, Brooklyn Heights rises 15 stories with 62 residences.