Small-scale infill predominates in the blocks that surround the Rheingold Brewery redevelopment in Bushwick, which is why the project’s rise is so transformational for the neighborhood. Today, YIMBY has aerials thanks to ODA Architecture and photographer Pavel Bendov, covering the two buildings rising at 10 Monteith and 123 Melrose Streets.
123 Melrose Street
Three years ago, developer Read Property Group negotiated a controversial residential rezoning of the former Rheingold Brewery properties in southern Bushwick. After neighbors fought for affordable housing there, Read sold the multi-acre industrial property to Rabsky Group and All Year Management, who didn’t have to honor Read’s promises for low income rentals. Now All Year Management is pushing forward with construction on its two pieces of the site, at 123 Melrose Street and 28 Stanwix Street.
Renderings have finally been revealed for All Year Management’s mixed-use development at 123 Melrose Street and 54 Noll Street, in western Bushwick, the site of the former Rheingold Brewery complex. The multi-block project, bound by Melrose and Stanwix streets and Evergreen and Flushing avenues, will feature 800 to 900 rental apartments and tens of thousands of square feet of retail space, according to Curbed NY. It’s being dubbed Bushwick II and will encompass around one million square feet. Roughly 20 percent of the apartments will rent a below-market rates through the affordable housing lottery. The developer acquired the plot for a combined $140.7 million over the past year. ODA New York is responsible for the design. New building permits have yet to reflect the latest plans. Two sprawling, single-story warehouse structures will have to be demolished.
In October of 2014, YIMBY reported on applications for an eight-story, 385-unit residential building at 123 Melrose Street, the site of the former Rheingold Brewery complex in western Bushwick, located three blocks from the Myrtle Avenue stop on the J/M/Z trains. All Year Management has now acquired a piece (28 Stanwix Street) of the mega-block development site – bound by Evergreen Avenue and Stanwick, Melrose, and Noll streets – from Princeton Holdings and Read Property Group for $72.2 million, The Real Deal reported.
1500 Waters Place [Crain’s New York]: Simone Development Companies has acquired the 33-acre site at 1500 Waters Place, in Middletown – Pelham Bay, for $16 million. Plans include “a 1.9 million square-foot mixed-use office, academic and…