In 2004, the New York City Economic Development Corporation adopted the "Downtown Brooklyn Plan", which consisted of a series of zoning changes and public works.

[3] City Point was one of the winning developments proposed, sitting on municipal-owned land, in an area already well-established as a shopping corridor.

[7] Markowitz and Acadia denied wrongdoing and cast the blame on the insistence of a partner firm, PA Associates, who were later indicted with bribing former New York State Senator Carl Kruger.

[3][13] A third tower—City Point Tower III, located at 138 Willoughby Street planned to be 720 feet (220 m) tall, making it the tallest in Brooklyn in 2020.

[19] Accessible by entrances on Flatbush Avenue Extension and on Fulton Street is a shopping plaza with big box national chain stores, smaller retail shops, a movie theater, bar, and grocery store, as well as restaurants and a 27,000 square foot[20] food court in the basement of Tower II called DeKalb Market Hall.

[30] The statue of Ruth Bader Ginsburg was installed permanently outside 445 Albee Square in City Point on March 12, 2021.