Earlier this month, YIMBY posted a rendering for a project that appeared to be under development at 1247 Atlantic Avenue in Bed-Stuy, just east of Nostrand Avenue.
Now, an application has been submitted to the Department of Buildings for the development, confirming many of the details gleaned from the rendering.
The building will indeed rise 10 stories and 100 feet into the air, with 40 apartments. This is five more than we’d guessed, for a very small average unit size of just under 670 square feet – about as low as you can legally go.
The South Williamsburg LLC turned out to be Bridgewater, led by Stuart Lederer (formerly with the Naftali Group) and Mark Junger (on the permit), who bought the land a few months ago for $127 a foot.
They’ve tapped AB Architekten to design the building, and they’ve gone with their usual crisp Germanic design. The rendering depicts an attractive building with energy efficient sunshades above the windows. The developer did however have to bow to the unfortunate realities of the New York City real estate market and punch inefficient, distinctly un-Germanic PTAC units below the windows.
As we guessed, there will be ground floor retail, but not much – just 1,165 square feet. While Nostrand Avenue is one of Brooklyn’s most vital transportation routes, Atlantic Avenue is for the most part not zoned for new housing. It’s devoid of neighborhood uses in its industrially zoned, post-industrial state, and the location therefore doesn’t lend itself to successful retail.
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