Articles by Reid Wilson


340 Flatbush Ave Extension

Dime Bank Acquisition Pushes Plans At 340 Flatbush Ave Extension Past 1000′ Mark, DoBro

Michael Stern’s JDS Development, partnered with Chetrit Group, is planning to acquire the landmarked Dime Savings Bank building at 9 Dekalb Avenue, in Downtown Brooklyn, for $90 million, according to Crain’s. The building could be converted to accommodate retail, but roughly 300,000 square feet of unused air rights can now be transferred to the team’s site at 340 Flatbush Avenue Extension.


1332 Taylor Avenue

Three Stories, Eight Residential Units Planned At 1332 Taylor Avenue, Soundview

Newburgh, NY-based property owner Artan Prelaj has filed applications for two three-story residential buildings spanning the 1330-1332 Taylor Avenue, in northern Soundview, three blocks from the 6 train’s stop at St Lawrence Avenue. The development will net eight residential units and will spread across 5,580 square feet, for units averaging a rental-sized 700 square feet. Fred Geremia is the architect of record, and the site’s former 2.5-story structure was demolished earlier this year.


540 West 38th Street

Chetrit Group To Develop 540 West 38th Street After Receiving Acquisition Loan, Midtown West

After Chetrit Group landed a $60 million acquisition and pre-development loan for their development site spanning 541-545 West 37th Street, in Midtown West, the developer is planning to move forward with their plans, which YIMBY reported on nearly a year ago. The site boasts 373,000 square feet of building potential, and conceptualized as a 50-story mixed-use tower featuring 100 residential units and 350 hotel rooms. Two three-story buildings must first be demolished. 


102-05 Roosevelt Avenue

Three-Story, Three-Unit Mixed-Use Building Filed At 102-05 Roosevelt Avenue, North Corona

In February, applications were filed for a two-story commercial building at 102-05 Roosevelt Avenue, in North Corona, and now new building applications call for a three-story, three-unit mixed-use building. The building will measure a total 4,930 square feet, which includes  2,465 square feet of ground-floor retail. Long Island-based Issa Khorasanchi is the applicant of record, and Hector Burgos is the property owner. An existing single-story retail building must first be demolished.


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