Strange real estate happenings in Williamsburg: A contractor has discovered the Department of Buildings has no plans on file for the luxury rental at 120 South 4th Street that experienced an emergency vacate order last month because of structural problems. Or, to be more precise, the DOB does have plans on file — but they are for another building.
It’s been a few years since we heard anything about the Rocket Factory Lofts at 100 South 4th Street in Williamsburg, a Scarano-designed factory conversion once owned by murdered Brooklyn landlord Menachem Stark. Meadow Partners recently acquired the seven-story rental building and plans to upgrade the kitchens and bathrooms with new finishes, renovate the lobby and install a common roof deck, according to a spokesperson.
Three stories have gone up so far at 239 North 9th Street in Williamsburg, which will eventually be a six-story apartment building, according to recent building permits.
Karl Fischer was originally the applicant of record for the development, back when it was owned by murdered developer Menachem Stark. Fortis Group took over the loan in 2011 and purchased the property outright for $4,864,680 in 2012, public records show. A lis pendens was filed on the property in 2009, and PropertyShark records a lien for $87,081 from Karl Fischer Architecture at that time, among others, including bank liens.
We found the above rendering on Fortis’ website. Permits indicate there will be 78 apartments, but Fortis’ website says the plan is a 77,600-square-foot, 120-unit building. Construction began last April and is scheduled to wrap in June 2014, according to Fortis.
We’ve posted a construction photo after the jump. GMAP
Rendering via Fortis Property Group