A local developer plans to raise an eight-story mixed-use building at the corner of Fulton and Franklin Streets in Bed Stuy.
Plans filed with the city last week for 1134 Fulton Street call for 117 rental units that will sit atop ground-floor retail and, strangely, parking for 75 cars on the second story. The building, to be designed by architect Karl Fischer, will also hold a gym, a third-floor terrace, bicycle storage and a laundry room. (more…)
It’s been a long time coming, but finally the Brooklyn Navy Yard has found a developer and a supermarket for its long-promised Admiral’s Row development project – and it seems like a great pairing.
Steiner Studios, the Navy Yard’s biggest tenant, will develop and fund the estimated $140,000,000 project. Highly regarded supermarket chain Wegmans will be one tenant in a larger 126,000 square foot industrial building. In return Steiner will get a 96-year lease from the Navy Yard and will collect rent from Wegmans and other tenants. (more…)
A group of three developers purchased a three-acre industrial site in Bushwick for $26,750,000 and plans to turn it into a “creative community” with stores, restaurants and office space, according to real estate firm TerraCRG, which brokered the deal. Buyers Normandy Real Estate Partners, Royalton Capital LLC and Sciame Development will repurpose the existing eight buildings on the site, located at 333 Johnson Avenue, according to a release sent out by the developers.
The development will have more than 100,000 square feet of office and flex space, 60,000 square feet of retail space and 40,000 square feet of outdoor space. The developer plans to include space for “artisanal food production.” No plans have been filed for the site and the renderings are purely conceptual. The building is scheduled to be completed in early 2016 and tenants will have access as soon as late 2015, according to the release from the developers who were represented by real estate firm DTZ. (more…)
Greenwood Heights’ beloved neighborhood Polish grocery and speciality shop, Eagle Provisions, will become an apartment building with 26 or 28 units, a tipster tells us. The store is closing in two weeks, one of the owners of Eagle Provisions told her when she stopped by and saw the shelves half empty.
No permits have been filed yet. The development will include parking for six cars, she added. (more…)
Brookland Capital, which has made a name for itself by developing a remarkable number of condos in Bed Stuy, Clinton Hill, Crown Heights and even in East Flatbush, has unveiled a new building in a bit of a more expensive neighborhood: the Gowanus side of 4th Avenue.
The rendering, which was first published by New York YIMBY, shows a glassy 11-story tower. Many units have terraces and there is a penthouse unit set back at the top.
When complete, the building will be 31,859 square feet and will have 30 apartments, according to plans submitted in December and yet to be approved. (The developer told NYY it will have 38 units.)
There will be a gym and a common terrace on the second floor. At street level, the building will have a 5,000 square foot retail space divided into two units — much preferable to a blank wall for parking, we think. The building was designed by architecture firm RoArt. (more…)
Brooklyn is where the developer action is — not Manhattan or any other borough. More new-building permits were filed in Brooklyn in April than anywhere else in the five boroughs, according to an analysis of Department of Buildings data by The Real Deal. (You may remember last month, its analysis found more development in Bed Stuy than any other neighborhood in the city.)
But, it was a slow month in general, the story acknowledged. Here are the stats: 17 residential projects with a total of 495 units as well as one commercial project filed in Brooklyn. That far outstrips the next runner-up, Queens, where four residential projects with a total of 117 units and two commercial projects were filed.
The lottery has just opened for hundreds of affordable units in a new housing development in East New York. The complex of buildings, known as Livonia Commons, will have studio apartments starting at $500 a month, one-bedrooms units starting at $538, two-bedrooms at $655 and up and three-bedrooms at starting at $749. The most expensive unit is a three-bedroom for $1,196.
The opening of the lottery was first reported by Brokelyn.
A few details on the income restrictions: The least expensive studio unit is available only to someone earning between $18,515 and $24,200 a year. The most expensive units could go to a family of six earning between $42,892 and $60,120 a year. A PDF of the table outlining the income requirements can be downloaded here.
The condos at Waterbridge 47, a boutique development under construction at 47 Bridge Street in Vinegar Hill, are selling quickly. According to the developer, Greystone, 15 of the building’s 25 units — that’s 60 percent — have gone into contract since sales launched in December.
The building has plenty of high-end amenities, including a glass-enclosed wine cellar and tasting room clad in salvaged brick, a fitness center, inner courtyard, children’s playroom, roof deck and bike storage. Two penthouses have wraparound terraces and all units include wood plank floors, marble counter tops and in-unit laundry machines.
This three-story brick townhouse on Bushwick Avenue near the Halsey J/Z stop is for sale as a development site asking $1,250,000. The property includes the neighboring vacant lot — more catnip to developers. The combined lots are wide but not very deep, at 32 feet by 50 feet each.
The building and lot at 1294 Bushwick Avenue come with approved plans for two buildings with a total of six units. (more…)
Development has hit this ramshackle corner of south Williamsburg a stone’s throw from the Williamsburg Bridge overpass. A shiny new apartment building is being grafted onto an existing 19th century brick building at 95 South 5th Street right next door to a 19th century wood frame house.
When we stopped by Saturday, workers were hoisting building materials over the construction fence with a crane. They were also building what looked like a platform on the roof of the wood frame house next door, whose address is 345 Berry Street, perhaps to protect the roof.
We’ve been curious about the latter building, whose address is 345 Berry Street, for years. It’s not pretty but its size and shape (25 feet wide with a peaked roof) signal it could be very old indeed, potentially early or mid 19th century. (more…)
When we stopped by a few days ago, a four story building at 1666-1668 Broadway in Ocean Hill with interesting reclaimed looking bricks making up its facade was looking nearly complete, at least on the outside. Workers were busy inside and out all through the winter, even in the dark and cold.
Technically two buildings — one is new and one is an enlargement – it will have retail space on the ground floor and eight units on the three floors above, according to new-building permits.
We found this schematic on the construction fence at 485 Union Street the other day, where a four-story, three-family building is planned, according to a new building permit partially approved in November. It’s configured as a duplex over two apartments, with a garage in the rear. (more…)