The Real Deal has learned that two developers have acquired the the three-story property assemblage spanning 21-03 – 21-09 Astoria Boulevard, on the western side of Astoria, for $7.5 million. The site boasts 49,000 square feet of building potential, and the new owners plan to develop at least a seven-story, 60-condo-unit mixed-use building with retail space.
Dean Street Townhouse LLC has filed applications for two four-story, single-family townhouses at the vacant lots 41-45 Dean Street, in Boerum Hill. Each residence will measure nearly 4,400 square feet, and Jill Bouratoglou is designing.
Brownstoner has reported that the four-story, 70,000+ square-foot warehouse building at 22 Quincy Street, in Clinton Hill, has been purchased by an unknown buyer for “around $30 million,” also speculating that the building is primed for a residential conversion, given the property is already overbuilt.
Prolific affordable housing developer L+M Development Partners have released a rendering for their newest project at 260 West 153rd Street in Harlem, a seven-story building with rents aimed at low-income families.
Despite flooding and complaints from angry neighbors, Lightstone has pushed forward with its nearly 700-unit mega development at 363-365 Bond Street along the Gowanus Canal.