Developer Cayuga Capital Management plans to convert a large brick warehouse at 79 Quay Street in Greenpoint into townhouses and build a boxy apartment building behind it, according to New York YIMBY. The cube-filled apartment building will rise six stories tall and wrap over the warehouse-turned-townhouses, which are pictured on the left side of the rendering. All told, the development will be 60,000 square feet. Gowanus-based architects Cycle Cities will design the project. Cayuga and Cycle Cities are also collaborating on a 12-story office and retail development at 87 Wythe Avenue in Williamsburg, reported by the WSJ on Monday.
The developer purchased the 23,500-square-foot warehouse at Quay and West Streets for $3,800,000 in March, according to publicrecords. What do you think of the design?
The city’s School Construction Authority posted this rendering on the fence for an addition coming to a parking lot next to P.S. 138 in Crown Heights. No new building or alt-1 permits have been filed, and the permits on the fence are alteration type-2 permits for “installation of connecting link.” So we don’t have many details, but it looks like the three-story addition will have garages on the ground floor and either offices or classroom above. The architect listed is Macrae-Gibson Architects, who have worked on schools throughout the city.
The main school building is a huge turn of the century structure at 801 Park Place and 760 Prospect Place, because it sits on a lot that spans the whole block between Nostrand and Rogers Avenues. Constructed in 1907, it began its life as the Brooklyn Training School for Teachers. Click through for pictures of the lot and the school.
A Stop Work Order has been issued at this Bed-Stuy construction site at 726 Monroe Street on Friday because neighbors complained that an excavator had smashed into their building. One neighbor told NY1, “the lady told me that the whole wall shook. She came downstairs and said the building is smashed. So I went upstairs, the whole wall is smashed in. It took the whole sheet rock and pushed it all in.” According to NY1, when authorities arrived the excavator was leaning against the building. (more…)
A new report out from real estate firm Massey Knakal finds that the Brooklyn investment market is on track for another record year, eclipsing even the bubbly markets of 2006 and 2007. In the first half of 2014, 1,068 investment properties (apartment buildings, mixed use, industrial and office buildings as well as development sites) sold, a 92 percent increase over the first half of 2013. And that is the largest number of sales of any year, beating out the previous high from the first half of 2007. Purchases of elevator buildings were up 342 percent in the first half of 2014 over the same period the previous year. Even the total dollar amount of sales was up dramatically: 142 percent over the first half of 2013. The total dollar figure of all Brooklyn deals, $3.4 billion, far surpassed the previous high of $2 billion in the first half of 2006.
For investors, this boom is drawing in far more cash and resulting a lot more deals than we saw during the real estate bubble in the run up to the financial crisis. If investors are throwing this much money around, should the rest of us be worried?
In March, WyckoffHeights.org reported big changes are coming to the corner of Knickerbocker and Willoughby, right across from Maria Hernandez Park in Bushwick. The two-story church at 260 Knickerbocker Avenue is slated to be converted to an 11-story apartment building designed by Scarano protege and now-prolific Williamsburg architect Nataliya Donskoy, which would make it the tallest building on the park.
We were curious about the progress, and figured it would be well along by now. But in fact, the plans were disapproved this month and there is no sign of construction at the church, not even a rendering or, of course, any kind of permit. (more…)
When we biked down Cadman Plaza East in Brooklyn Heights today, Department of Environmental Protection workers were tearing up the road to repair the sewers. Workers onsite told us that they expect the project to take anywhere from three to six months. They also said they’re going to repaint the bike lane that runs next to the courthouse.
Later in the year, they plan on doing work on Red Cross Place and the southbound section of Adams Street, next to the Brooklyn Bridge approach. This section of Cadman Plaza East is closed to traffic. Cyclists who take it to get out of Dumbo will have to find an alternate route for the next few months.
Name: Originally Nurses Training School, now ABC Building at Kings County Hospital Address: 451 Clarkson Avenue Cross Streets: New York and Albany Avenues Neighborhood: Wingate/East Flatbush Year Built: 1930-32 Architectural Style: Colonial Revival with strong Art Deco influences Architect: Leroy P. Ward Other Buildings by Architect: mostly mansions on Gold Coast of Long Island and Hamptons Landmarked: No
The story: Kings County Hospital started out as the Kings County Almshouse in 1831. Located at the time, far out on a farm, far away from everyone else, the almshouse was a Dickensian work house and farm for the poor and indigent on 70 acres of Flatbush farming land, with 40 acres dedicated to farmland. As the 19th century progressed, the dormitories and work houses of the Almshouse were joined by the Lunatic Asylum, a place where those with developmental problems, mental illness and other disabilities such as blindness could also be removed from society. Both institutions were early forms of public care, supported not by private charities, but public tax funds. As can be imagined, life here was pretty awful, too. (more…)
Verizon has closed its Viva Movil cellphone store at the corner of Flatbush Avenue and Pacific Street, only a year after Jennifer Lopez came to Brooklyn for its grand opening. Verizon Wireless and J Lo launched the retail stores in July 2013 “to lure Latino shoppers to the brand,” according to Betabeat. A tipster told us they saw the signage coming down on Friday at 162 Flatbush Avenue. What do you want to see on this corner, which is directly across the street from the Barclays Center? GMAP
This two-family brick townhouse at 820 Macon Street facing Saratoga Park in far eastern Bed Stuy is reasonably priced for a part of the neighborhood where most listings seem to hover around a million dollars.(more…)