Apartments are finally taking shape on a long-vacant lot at the corner of Kent and West streets, along the Greenpoint waterfront. Tectonic swung by the site at 44 Kent Street to bring us an update on the project, which is one of several new buildings rising in this former industrial neighborhood.
Moishe and Pinny Loketch of the Loketch Group are developing the building, and Nataliya Donskoy’s ND Architecture is handling the design. The northern part of the site will become a five-story residential building with 42 apartments. Then a 1,900-square-foot retail base will fill the southern portion. Those 42 units will be spread across 26,885 square feet of residential space, creating units that average 770 square feet.
Amenities will include a 28-car garage, shared roof decks on the second and fifth floors, and recreation space on the ground floor. The development will stretch across a full block on West Street between Greenpoint Avenue and Kent Street, next to Transmitter Park.
When YIMBY published a rendering of 44 Kent last year, the developers claimed they were expanding the building to nine stories and 44 units. They also wanted to include 10,000 square feet of retail. But they ultimately decided to stick with the original plans, which haven’t changed much since they were filed in 2013.
Four stories of concrete have risen for the apartments, and the retail floors are beginning to sprout along Greenpoint Avenue.
Cayuga Capital and Davis Companies picked up the property for $5.2 million in 2012, at the tail end of the recession. Then they unloaded the 12,500-square-foot lot to the Loketches for $8.75 million in 2014.
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