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A service for banking industry professionals · Thursday, May 8, 2025 · 810,831,387 Articles · 3+ Million Readers

Astral Weeks Launches Franklin Point, Greenpoint’s Newest Commercial Hub at 12 Franklin Street

May 08, 2025 --

Astral Weeks, a real estate development and management company based in New York City, known for its focus on transformative projects in dynamic neighborhoods, today announces the launch of its latest development: Franklin Point, located at 12 Franklin Street at the intersection of Greenpoint, Williamsburg, and Bushwick Inlet Park.

Franklin Point is a multi-destination commercial hub designed to accommodate a diverse range of tenants, including retail, food and beverage concepts, creative workspaces, and social, cultural, and event venues. The launch of Franklin Point will be celebrated on Tuesday, May 13th, with a private event hosted by Astral Weeks and attended by stakeholders, members of the project’s development team, select brokers, and local media. Attendees are given an early look at the completed space and its potential to serve as a hub of activity in the evolving Greenpoint neighborhood.

Private tours of the property are available by appointment through Franklin Point’s exclusive leasing agent, GoodSpace. Inquiries may be directed to goodspace.nyc.

“Franklin Point reflects our team’s ongoing commitment to thoughtful development in Brooklyn’s most vibrant neighborhoods,” said Raymond Roubeni, Principal and Co-Founder of Astral Weeks. “The project represents a collaborative effort to create a destination that is meaningful and resonates with the neighborhood.”

Franklin Point is located in the heart of North Brooklyn, a district that has seen continued investment in public spaces, waterfront access, and independent businesses. Positioned at a three-neighborhood crossroads, the development is well-situated to engage both local residents and a broader audience drawn to the area’s culture and amenities.

ABOUT ASTRAL WEEKS

Astral Weeks is a privately held real estate development and management company founded in 2001, with a focus on uniquely positioned assets in vibrant urban environments. The firm develops and invests across residential, commercial, hospitality, student housing, and mixed-use projects. What sets Astral Weeks apart is its vertically integrated model: As owner, operator, and manager, the company brings strategic intent and hands-on execution to every stage of a project’s life cycle. This diversity of experience—combined with a collaborative spirit—shapes developments that are thoughtful, enduring, and deeply connected to the communities they serve. Visit www.astralweeks.com.

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