Prolific affordable developer Arker Companies has built and rehabbed thousands of apartments in Spring Creek, a far-flung neighborhood in southeastern Brooklyn. Now, they’ve filed applications for two more mid-rise residential buildings in the neighborhood, at 911 Erskine Street and 11629 Seaview Avenue.
The 15th anniversary of the 9/11 terrorist attacks is less than two weeks away, and there is new and noticeable progress that has been made on the construction of the World Trade Center.
Plenty of attention has been paid to Oxford and Related’s Hudson Yards, but just next to that mega-development is another. That is Manhattan West, from developer Brookfield Properties, and its first new office tower is quickly rising above ground.
Demand for new retail and office space is rising across Brooklyn, from tony waterfront neighborhoods like Williamsburg to middle-class immigrant enclaves in the southern part of the borough. Down on Kings Highway in Sheepshead Bay, a five-story retail and office development is in the works.
A few years ago, a piece of the Palisades along River Road in North Bergen, New Jersey was cut back to prepare for new development. From south to north, a Starbucks Coffee, Bank of America, and Walgreens are already open. Just beyond them, a new residential development is now only months away from completion.