Long-Stalled Site on Bedford and South 4th Looks Finished
We were amazed to see Sunday the long-stalled site at 364 Bedford Avenue has been completed (or close to it) and is now for sale. A half-finished construction site for years, one of its former owners was murdered developer Menachem Stark. He and his business partners were sued after defaulting on loans for 364 Bedford Avenue and other…
We were amazed to see Sunday the long-stalled site at 364 Bedford Avenue has been completed (or close to it) and is now for sale. A half-finished construction site for years, one of its former owners was murdered developer Menachem Stark. He and his business partners were sued after defaulting on loans for 364 Bedford Avenue and other properties. A man, possibly a vagrant, was found stabbed to death in the unfinished construction site in 2012.
The property, known as the Bedford Lofts LLC and designed by Karl Fischer, was sold to an LLC in August of 2013 for $11,707,160. Stark was murdered in January 2014. Now it looks ready, at least on the outside, and signs outside from 5CRE and Pinnacle Realty say the building is for sale. We found one listing for a rental apartment in the building dating from June but the building doesn’t appear to be open yet.
364 Bedford Avenue Coverage [Brownstoner] GMAP
Update: Rental Listings first appeared for the building in late 2013, under the address 120 South 4th Street, according to StreetEasy. It received its permanent certificate of occupancy in July.
People have been living there for about a year or so – the retail on the street level has been delayed but a lot of activity there lately.