November 13, 2009

Stalled 4th Avenue Site Sold; Work Resuming?

Yesterday the sale of the stalled site on 4th Avenue and Carroll Street was recorded in public records for a hair over $9 million. The incomplete building, which has been a no-go for many months now—and, on occasion, scary as hell to behold—may yet be completed. A construction crew has come back to the site in the past week and appear to be doing remedial work, which is all the SWO on the property allows. There hasn't been any new permit activity in the past year, but hopefully all these signs are pointing to a future non-carcass on 4th Ave.
Horror Show Friday: Scary Winds on 4th Ave & Carroll [Brownstoner]
Development Watch: 255 4th Avenue [Brownstoner]
255 4th Avenue on the Rise [Brownstoner] GMAP P*Shark DOB
Development Watch: 4th Avenue Twofer [Brownstoner]
Development Watch: Unstable at 255 Fourth Avenue? [Brownstoner]

Posted by Gabby at 11:01 AM | Comments (3)
Categories: 4th Avenue, News, Sales, Stalled Construction

November 6, 2009

DOB's Stalled Site List Passes 500 Mark; BK Still on Top

The Department of Buildings' latest tally of stalled construction sites counts 531 pits of inactivity citywide, up from 453 in its last report. As it has since the DOB started making a list of no-go construction, Brooklyn leads the way in the five boroughs, with 246 stalled sites. (Back in the summer, when the DOB first started releasing these reports, 63 were counted in all of Brooklyn and only 143 in the whole city.) Dubious honors for second and third place go to Queens, with 147 sites, and Manhattan, with 80 sites. In Brooklyn, the area covered by CB1, Williamsburg and Greenpoint, continues to have the most stalled sites, with 80 properties making the list this time around. No other area in Brooklyn comes close to CB1, though there are significant numbers in CB2's zone (21), CB6's (14), and CB7's (16). Meanwhile, there are still obvious omissions from the tally. For example, long-dormant 333 Carroll is nowhere to be found, and neither are a couple of 4th Avenue sites where nothing's been doing for a long time. Click though to see the full list.
Stalled Construction Sites [DOB]
Williamsburg Ranks #1 in City's Stalled-Site Sweepstakes [Brownstoner]

Continue reading "DOB's Stalled Site List Passes 500 Mark; BK Still on Top"

Posted by Gabby at 10:31 AM | Comments (3)
Categories: News, Stalled Construction

October 20, 2009

4th Ave Pit Undergoing Slight Improvement

The would-be retail site on the corner of 4th Avenue and 3rd Street that's been in awful disrepair for awhile now was getting backfilled on Monday. The crew on the site said the work was mandated by the DOB, which has recorded a bunch of violations on the property for stuff like its crummy construction fence, copious debris, etc. The site was at one point rumored to be a future Starbucks location, but that obviously didn't happen and it was put on the market about a year ago. The parcel's price, originally $3.25 million, is now down to $2.75 million.
StreetLevel: Starbucks Sweet on 4th Ave.? [Brownstoner] GMAP DOB

Posted by Gabby at 9:30 AM | Comments (9)
Categories: 4th Avenue, Stalled Construction

October 9, 2009

Horror Show Friday: Scary Winds on 4th Ave & Carroll

The stalled construction site on 4th Avenue and Carroll Street is spooky no matter what mother nature's up to, but throw in some heavy winds and the scene gets seriously chilling. Above, a video to commemorate what it looked like during Wednesday's big gusts. The winds knocked the traffic barriers in front of the development out onto 4th Avenue and also downed some of the construction fence. A bunch of people called 311 and the problems were remedied by late afternoon. Word on the street is that the developer of the building has finally secured financing and is going to restart the project within the next couple weeks. GMAP

Posted by Gabby at 11:00 AM | Comments (6)
Categories: 4th Avenue, Development, Stalled Construction