Real estate developer and New York Observer owner Jared Kushner has bought a Williamsburg rental building at 50 North 1st for $33,800,000, The Real Deal reported. The seven-story, 46-unit building was previously owned by a partnership between Property Markets Group and Largo Investments, which bought the building in 2011 for $10,490,000. PMG bought the building from the bank after the initial developer, Israel Gold, defaulted. DOB violations and other construction issues had stalled construction for years, and in 2009, a partial building collapse at the construction site forced an evacuation at the building next door.
Construction at the 54,699-square-foot building dragged on for five years until it finally wrapped in 2012. The developer released six rental units in May and another 12 have followed since then. The apartments were one- and two-bedrooms priced from $3,175 to $4,325 a month.
Kushner, who is married to Ivanka Trump, has been expanding into Brooklyn. In October, Kushner Companies partnered with two others to purchase a huge parcel of five former Witnesses properties in Dumbo for $375,000,000.
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.
Daily Press Coffee opened at 181 Havemeyer Street in South Williamsburg late last month. The cafe features French press coffee, espresso, regular brewed coffee and freshly made pastries and candy. The milk comes from Battenkill Valley Creamery upstate. Bagels are coming soon! The cafe’s first location is in Bed Stuy, at 505 Franklin Avenue. GMAP
Developer Waterbridge Capital is planning a six-story mixed-use apartment building at 280 Metropolitan Avenue between Driggs and Roebling in Williamsburg. New building applications filed last week indicate the building will have 27 units totaling 22,864 square feet of residential space, and the first floor will have 4,374 square feet of commercial space. It will also have 14 enclosed parking spaces. Waterbridge bought the 34-foot-by-100-foot lot back in April for $3,130,000, according to PropertyShark. The lot currently houses a two-story warehouse, and demolition permits have not yet been filed to take it down. GMAP
A new Williamsburg rental building at 544 Union Avenue called The Union has started marketing some of its finished units, Curbed reports. The Karl Fischer-designed glass monolith has apartments ranging from a studio renting for $2,292 to a two-bedroom for $3,988 a month. Several of its retail spaces are up for grabs as well, with the largest one (4,089 square feet) asking $20,000 a month. The renderings also show that the 85-unit building could have a rooftop cabana and a putting green. The building’s other amenities include a media room, gym, concierge, doorman, health club, and yoga room. Construction is expected to wrap in 2014. And in case you’re confused, this is not the same as the other Williamsburg rental building called The Union, which hit the market in 2011 and is at 568 Union Avenue.
The new ice-skating rink that’s been carved out of part of McCarren Pool in Williamsburg will open tomorrow at 11 am, Free Williamsburg reports. The 7,200-square-foot rink will be open seven days a week from 11 am to 10 pm until the first week in January. It can accommodate up to 300 skaters, who can use the pool lockers and other facilities in the locker rooms.
The Hanson Brothers will provide offbeat concessions, like hot dogs with pulled pork and pickled jalapeños, black bean burgers, a “pot roast” melt with brisket, mirepoix relish and sour cream potato sauce, and red eye chicory coffee. Head over to Grub Street to see the whole menu. Ticket prices will be $8 for adults, $5 for seniors and students and $4 for children. Skate rentals will cost $5. The rink will also host a pro shop and skate sharpening, as well as skate classes, clinics and demonstrations.
Williamsburg’s The Meat Hook is expanding with a sandwich shop. The whole-animal, locavore butcher shop plans to open Meat Hook Sandwich in January at 495 Lorimer Street, next door to Gimme Coffee.
The initial plan is to offer five regular sandwiches plus daily specials — “determined by whatever we have too much of at the butcher shop,” according to an email sent out by co-owner Tom Mylan. The menu is still in development, but will probably include roast beef, Italian and turkey subs, grilled ham and cheese, a roast pork sandwich, and possibly a vegetarian item. GMAP
This two-family house at 66 South 3rd Street in Williamsburg might appeal to a buyer who is looking for a 19th century townhouse in the area and wants to renovate. Although the rental unit on the top floor has been completely gutted, the finishes are cheap and could use an upgrade. Downstairs, the owners duplex has been less altered but needs work, judging by the photos. A buyer might want to redo the PermaStone facade as well. The listing says the rental income is high but doesn’t specify what it is. Considering condition and location, do you think the ask of $1,649,000 is reasonable?
Now this is a real loft. The 2,000-square-foot space on the third floor of 119 North 11th Street in Williamsburg is nothing if not authentic. Big wood beams, tons of windows, open layout. Given what a high rent district North Williamsburg has become it’s safe to assume that whoever buys this place will at the very least want to upgrade the kitchen, but that’s why it’s priced at $1,750,000 — well below what neighboring “luxury” apartments would go for.
It looks like construction is chugging along for the three residential buildings going up next to the Hotel Le Jolie at Meeker and Withers. Two of the buildings already have all four stories constructed, and a smaller trapezoidal building is slowly rising at the corner of the lot. The buildings are all addressed separately at 44, 46 and 50 Withers Streets. As we’ve reported previously, 44 and 46 Withers are going to be four-story, three-unit residential buildings. And 50 Withers will house a four-story mixed-use building zoned for commercial use on the first floor and two residential units.
Name: Washington Palace, now Spanish Free Methodist Church Address: 157 South 9th Street Cross Streets: Bedford and Driggs avenues Neighborhood: Williamsburg Year Built: Unknown Architectural Style: There’s an Italianate under here somewhere Architect: Unknown Landmarked: No
The story: On a recent drive through Williamsburg, I came upon this building while initially more interested in some of the other buildings on this block. It’s one of those hybrid buildings where a modern addition was tacked onto a much older building, with the intention of it having a new function. I’m always intrigued by anything that has a name on it — it certainly makes it easier to research — but came upon a bit of a challenge here. The Washington Palace was an events space which operated somewhere between the late 1920s and the mid-1950s. The building was considerably older.
A look at the Sanborn maps, and a look at today’s placement of buildings leads me to believe that this was a single brownstone that appears at what was then 157 South 9th Street in 1887, but 155 South 9th Street in the 1904 map. This is confirmed by the 1918 map, which shows the corrected addresses. It was a standalone brownstone, clearly Italianate in style, as it appears at the very end of the row in a photograph from 1939. It stood next to a row of Neo-Grec flats, which are unfortunately no longer there. You can see it still had its distinctive window hoods and cornice, even though the Washington Palace entryway had been built by that time. (more…)