550 Vanderbilt (at Dean). Pacific Park, FKA Atlantic Yards
"Groundbreaking for 550 Vanderbilt is set to occur by the end of the year, with sales starting mid-2015."
Source and more text: http://newyorkyimby.com/2014/10/revealed-550-vanderbilt-avenue-17-story-pacific-park-brooklyn-condo-tower.html
The ramen place, Chuko, is in the small building on the left

Source and more text: http://newyorkyimby.com/2014/10/revealed-550-vanderbilt-avenue-17-story-pacific-park-brooklyn-condo-tower.html
The ramen place, Chuko, is in the small building on the left

Comments
I expect prices to be around $1100 a sq ft, depending on finishes.
I'm guessing it will be one of the Barclays Center buildings when completed.
The corner of Vanderbilt and Dean is visible on the right side of this photo:
Photo via Laurie Cumbo's Facebook feed
Here's the developer's website: http://pacificparkbrooklyn.com/
Press re: the beginning of Pacific Park
http://www.nydailynews.com/new-york/brooklyn/de-blasio-hails-affordable-complex-3-500-apartments-article-1.2046637
http://ny.curbed.com/archives/2014/12/16/first_look_at_pacific_parks_shopdesigned_affordable_building.php
http://www.wsj.com/articles/second-apartment-tower-near-barclays-center-in-brooklyn-new-york-breaks-ground-1418668908
http://therealdeal.com/blog/2015/02/19/forest-city-moves-to-build-23-story-resi-building-at-pacific-park/
http://news.buzzbuzzhome.com/2015/02/550-vanderbilt-pacific-park.html
something something target market something something
That said, hopefully having these flooding into the market will pull down pricing on the Clinton Hill Coops.
From my understanding many of the investors will be benefitting from a program that rewards them with US citizenship.
https://www.google.com/search?hl=en&source=hp&q=chinese+investment+in+us+for+citizenship&gbv=2&oq=chinese+investment+US+citizen&gs_l=heirloom-hp.1.0.0i8i30.1172.8160.0.10953.29.22.0.7.7.0.452.2087.19j2j4-1.22.0.msedr...0...1ac.1.34.heirloom-hp..0.29.2117.xbyQ9uDYAHg
http://m.nydailynews.com/life-style/real-estate/13-hottest-new-nyc-condos-hitting-market-article-1.2186549
"In Brooklyn, a behemoth is coming. Greenland Forest City Partners, a partnership between Barclays Center developer Forest City Ratner and Chinese real estate giant Greenland Holding Group, is slated to launch sales at the first of four expected condo towers comprising its massive Pacific Park project in June.
The 17-story luxury tower, under construction on the northwest corner of Vanderbilt Ave. and Dean St. in Prospect Heights, will have 278 units ranging from studios to four-bedroom homes, priced from $550,000 to $5 million. Buyers won’t be able to move in until late 2016, though, since the building is still under construction.
The property, designed by top architecture giant COOKFOX, will have a landscaped roof terrace, a residents’ lounge, a library, a playroom and a fitness center. It’s slated to overlook a brand new 8-acre park, which is also planned as part of Pacific Park.
Corcoran Sunshine Marketing Group is heading up sales."
It is going to be weathered and warped by then.
http://therealdeal.com/blog/2015/06/01/pacific-park-is-getting-a-new-26-story-resi-tower/
278 ft tall.
http://a810-bisweb.nyc.gov/bisweb/JobsQueryByNumberServlet?requestid=1&passjobnumber=320625267&passdocnumber=01
Here's the latest succinct description:
http://therealdeal.com/blog/2015/06/01/pacific-park-is-getting-a-new-26-story-resi-tower/