A tipster tells us that a group of Chinese investors paid $18,500,000 for a big piece of property at 2300 Cropsey Avenue in Gravesend at a state foreclosure auction yesterday. The 45,688-square-foot property, which is sandwiched between Cropsey and Bay Parkway at 23rd Avenue, currently houses a six-story building with a demolished interior that’s zoned as a nursing home. The existing building is 85,619 square feet.
However, an old listing from Massey Knakal notes that the previous owner had acquired additional air rights to construct a 30-story mixed-use development with 264 apartments, 81,378 square feet of community space and an underground parking garage. With the new air rights, the site can hold a new development of up to 275,000 square feet.
The site’s previous owner was Russian developer Alexander Gurevich, whom then-Attorney General Cuomo banned from selling condos and co-ops in New York State for three years in 2010, The Real Deal reported last year. When plans for the massive development didn’t materialize, Gurevich defaulted on his construction loans and mortgage to the tune of $17,030,000.
After fees and penalties, the lien on the property is $27,024,325, according to foreclosure documents. The defaulted mortgage, once held by Lehman Brothers, is now held by a Swedish bank that took over dozens of former Lehman mortgages. The last time we wrote about 2300 Cropsey was in 2010, when we highlighted it for having the most DOB violations.
A Sleep Inn Hotel is going up at 2590 Stillwell Avenue in Coney Island, Amusing the Zillion reported. The Sleep Inn will have 12,989 square feet of space on a 13,000-square-foot lot.
The building will be four stories with 53 units, according to a new building application for which permits were issued in October. Based on photos from Amusing the Zillion, looks like the foundation is in and the walls are starting to rise. It will be the area’s “first new hotel in many decades,” said the blog.
We took a tour around Forest City Ratner’s fascinating modular apartment factory at the Navy Yard yesterday, where reps from FCRC said they’ll begin shipping out the fully constructed units next week. They’ll stack the units to create the first Atlantic Yards residential tower, the 32-story building under construction next to the Barclays Center that is known as B2. When work finishes next year, the 363-unit tower will be the tallest modular building in the world.
Currently, Forest City expects construction to wrap by December 2014 — a faster pace than normal construction, which would take at least another 18 to 20 months. They also estimate that building modular units will be 10 percent cheaper than typical residential construction, but they hope it will become even less expensive and more efficient as they build more developments in the Atlantic Yards project. The tower will be a 50-50 mix of market rate and affordable housing, of which 20 percent will be low-income housing.
Architects SHoP and Forest City Ratner collaborated on the design and building process for the apartments. Each nut and bolt piece of the apartment is installed before it leaves the Navy Yard facility, including the electrical wiring and plumbing, hardwood floors, appliances, and even the towel bars. The hallways and stairwells are being built at the modular factory as well. Rooms in the apartment are often assembled as separate modules, e.g. bathrooms, bedrooms, and living room/kitchen could all be separate pieces. The variety of shapes allows for 25 different layouts.
After the unit is stacked in the building, contractors and electricians will connect each apartment’s utilities to the building’s common lines. The exterior sides of the apartments have the facade already attached (see pictures after the jump), and the facade will be “self-sealing” because the pieces fit together with seals between each unit.
We found this rendering on the fence at 1444 Bedford Avenue between Park Place and Prospect Place in Crown Heights, where a four-story building is going up on a vacant lot. The apartment house will have eight units and 7,312 square feet of space, according to new building permits issued in January. The architect is Joseph Mucciolo P.C. The 2,700-square-foot lot changed hands between two LLCs last December for $1,070,000, according to PropertyShark. When we stopped by yesterday, it looked like the site was being excavated. We’ve included a picture after the jump.
The unusual design makes us think of a modern version of Queen Anne with its red and white coloring. The flat white sections remind us of 19th century metal bay windows and turrets. What do you think of the design?
This won’t be the first home in Williamsburg made out of shipping containers, but it’s still an interesting bit of architecture. Curbed got wind of the three-story, single-family home going up at 2 Monitor Street in East Williamsburg. Designed by LOT-EK, the house will be made of 21 stacked shipping containers sliced diagonally in varying shapes.
The slanted design allows for outdoor space on every level, including a small pool, an outdoor deck and a built-in BBQ pit. On the ground floor, the diagonal cut creates space for a driveway leading into a garage, as well as a cellar. The first floor has an “open kitchen, dining and living room,” and “the area right above the slanted floor holds a media/family room with tiered, bleacher-style seating,” according to LOT-EK. Then the kids’ bedrooms are on the second floor, and the master bed/bath is on the third.
We’ve included more renderings and pictures after the jump. What do you think of the design?
TheAnother old Western Carpet warehouse, the one at 149 Kent Avenue, is being demolished. A demo permit was approved in June.
As we’ve reported before, Northside Piers developer L + M Development Partners plans to build a seven-story, 164-unit mixed-use building here. However, that plan was disapproved in October, and the file now says “development challenge process is pending zoning approval.” The architect is GF55 Architects LLP.
It looks like this funeral home at the corner of Fulton and Downing Streets in Clinton Hill will be demolished soon for a six-story, 28-unit building designed by the ubiquitous Karl Fischer. Demolition applications were filed last week to knock down the three-story funeral home at 1045 and 1047 Fulton, but they haven’t been approved yet. The apartment building will have 21,048 square feet of residential space with bike storage and private terraces, according to a new plan exam application. Original plans for the site called for an eight story building with 32 units, but it appears the architect has refiled after the first building application was disapproved.
A coalition of Bushwick’s Community Board 4 and neighborhood groups is circulating a petition and calling on Council Member Diana Reyna to create a community benefits agreement with Bushwick developer Read Property Group. The list of demands includes an increase in the number of “permanently affordable” housing units based on Bushwick’s annual median income rather than the citywide number, a green roof and LEED building certification.
They also request that local manufacturing and businesses have priority in the retail space and to keep the M3 manufacturing zoning status of the Mademoiselle industrial building. Other requests are for community space “permanently devoted to mixed intergenerational needs” and community input and participatory budgeting on the programming for park and public space that is part of the development. Lastly, they also stated there should be no hotels in the complex.
The coalition includes a long list of local community groups, including North West Bushwick Community Group, Make The Road, Churches United For Fair Housing, St. Nicks Alliance, Bushwick Eco Action Network, Los Sures, performance space The Silent Barn, East Williamsburg Valley Industrial Development Corporation, South Side United HDFC and Rheingold Garden’s Homeowners Association, as well as Community Board Four.
The enormous development will consist of 10 buildings over more than five blocks at Flushing and Bushwick, above, and include 977 rental apartments and 54,000 square feet of retail. It has not yet broken ground but is expected to finish up in 2016.
What do you think of the group’s demands?
Rendering from Read Property Group via New York Daily News
A new 11-story residential development is planned for 4th Avenue between Douglass and Degraw Streets in Park Slope, according to a plan exam application first spotted by BuzzBuzzHome. The 18-unit building at 153 4th Avenue will have 15,414 square feet of residential space and 1,953 of community space. It will also have private storage, bike storage and a roof deck. The developer, Degraw Street Realty Corp., bought the land for $1,030,000 in 2008. S3 Architecture will design the building. The property currently houses a three-story building with a doctor’s office on the ground floor and three apartments above. GMAP
A plan exam application was filed last week to build a five-story apartment building at 209 Kent Street near McGuinness Boulevard in Greenpoint. The new building will have nine units and 6,394 residential square feet. Currently a three-story, two-unit apartment building occupies the lot. The property owners, a couple, bought the house for $990,000 in June and haven’t filed any demolition permits yet. The architect of record is Wieslawa Jasiulewicz Majran. GMAP
As Gowanus transforms with major developments — from Whole Foods to luxury hotels to Lightstone Group’s 700-unit apartment complex and the EPA’s long-anticipated cleanup of the canal — local politicians are inviting residents to map out a vision for change in the area at a series of public meetings starting Monday, December 9. The blogger behind Pardon Me for Asking, which was the first to report on the upcoming events, said she doubted the public could have much influence over development, though, citing Mayor Elect Bill de Blasio’s longstanding support for the Lightstone project.
At the meeting, called by State Senator Velmanette Montgomery, Congresswoman Nydia Velázquez, State Assemblywoman Joan Millman, Council Member Steven Levin and Council Member Brad Lander, the Pratt Center for Community Development will present findings from previous invitation-only meetings. The goals of the series of meetings are to facilitate consensus, influence de Blasio’s thinking on the area, air a variety of viewpoints and, finally, outline a community-based plan for a “safe, vibrant and sustainable Gowanus area,” said Pardon Me For Asking.
The events will “tackle major questions,” said a story in DNAinfo, including “whether residential development should be allowed in the industrial neighborhood, how to protect Gowanus from flooding and how to preserve the area’s thriving manufacturing and artisanal businesses.”
The first meeting will take place at The Children’s School at 512 Carroll Street from 6:30 to 9:30 pm. What do you think should happen in the area?
New building applications were filed last week to replace a two-story factory at 498 Leonard Street in Greenpoint with three four-story apartment buildings. Each building in the development will have eight units, a penthouse and 6,598 square feet of residential space. Our back of the envelope calculations indicate these will be fairly small apartments (700 to 800 square feet), so we’re guessing these will probably be rentals but we don’t know for sure.
The developer has filed demolition applications to knock down the 1920s-era factory, but the DOB hasn’t approved them yet. The architect of record is Chi F. Lau. Developer East Star Realty LLC bought the 7,400 square foot property in July for $1,800,000, according to PropertyShark. Since 64 Bayard launched earlier this month with 750-square-foot one-bedrooms renting for $3,400 on the south side of McCarren Park, it will be interesting to see what these units just northeast of the park will get. GMAP