Developers are always looking further east and south for cheap property in Brooklyn, and a combination of generous zoning and inexpensive land have encouraged several new residential projects in East Flatbush. One of those developments is set to rise at 309 Lenox Road, between Nostrand and New York Avenues.
Last month, the City Council greenlighted the controversial plan to sell and redevelop the Brooklyn Heights Library into condos and a new library. Now the project has moved one step closer to reality, because Hudson Companies has filed building applications for a 36-story tower at 1 Clinton Street.
A strip of aging industrial buildings along McCarren Park in Greenpoint are gradually giving way to residential ones. First, an old school Polish bakery sold to Chatham Development Company for $8.7 million, and plans for a seven-story, two-tower condo building surfaced at the DOB. Now, new building applications have been filed for a six-story apartment building at 848 Lorimer Street, between Nassau and Driggs avenues.
YIMBY can barely keep up with all the new development happening in Flushing and its nearby suburbs, which are quickly expanding with new East and South Asian immigrants. Yesterday, we spotted plans for a six-story, mixed-use building at 35-20 146th Street, in Murray Hill, just east of Flushing.
A big change for a Lower Manhattan landmark is one step closer to becoming a reality. On Tuesday, the Landmarks Preservation Commission approved modifications to 1 Wall Street, paving the way for its conversion from bank headquarters to residential condominiums with ground-floor retail.