As the administration’s East New York rezoning marches through the public review process, small market-rate developments are growing on the neighborhood’s outskirts, away from the rezoning area south of Atlantic Avenue. One such project is in the works in Cypress Hills, the northern section of the neighborhood that stretches from Atlantic up to the acres of cemeteries along the Brooklyn-Queens border.
The flatiron-shaped facade at 10 Sullivan Street in Soho has most of its hand-laid Norman bricks and curved glass, and workers are busily installing bathroom tile and gas fireplaces. The building will eventually top out at 16 stories and hold 22 condos on a triangular lot wedged between Sullivan Street, 6th Avenue, Spring, and Broome Streets.
Alliance Private Capital Group has filed applications for a six-story, 37-unit residential building at 526 Union Avenue, in north Williamsburg, located four blocks north of the G train’s stop at Metropolitan Avenue. The building will measure 26,389 square feet, which translates into an average unit of 713 square feet, indicative of rentals. De-Jan Lu’s Manhattan-based architectural firm DJLU Architect filed for the permit, and the 10,000 square-foot lot is currently being used for parking. The developer picked up the plot for $9.6 million late last year.
Back in February, YIMBY reported on applications for a seven-story, 65-unit residential building at 34-22 35th Street, in southern Astoria, equidistant to subway stops on the N/Q and M/R trains. Now, Real Estate Weekly has the project’s reveal. According to the latest permits, the building will feature 1,352 square feet of ground-floor retail space, and rental units will average 665 square feet apiece. Fairfield County-based Valyrian Capital is developing, while Kutnicki Bernstein Architects is designing. The vacant property was acquired for $16 million in an off-market deal.
Zachary Kleinhandler, of KLM Equities and Brannon Realty, has filed applications for a two-story, 4,826 square-foot commercial-retail building at 50 Spring Street, in Nolita, right around the corner from the 6 train’s stop at Spring Street. The building will contain a mezzanine level between the first and second floors, effectively pushing the building’s roof height to 36 feet above street level. Long Island-based Steven Levine is the architect of record, and permits were filed in August to demolish an existing four-story, three-unit building.
