Developers are rushing to build hotels in Brooklyn’s priciest Industrial Business Zone, North Williamsburg, and now they’re looking further afield in the sleepy industrial borderlands of Bushwick and Ridgewood. The owner of a scrap metal recycling business at 25 Stewart Avenue, on the corner of Flushing Avenue in Bushwick, has filed a new building application to construct a nine-story hotel the property.
Curbed reports that a teaser site has been launched for the condominium conversion of the 30-story rental tower at 200 East 62nd Street, at the bottom of the Upper East Side. Currently dubbed The Wellington, O’Connor Capital Partners acquired the building in 2014 for $240 million and plans to market 115 condo units. Messana O’Rorke is designing, and opening is expected in the fall of this year.
YIMBY has snagged a rendering for a small affordable housing development at 7 Stagg Street, between Union Avenue and Lorimer Street, in Williamsburg.
At the corner of Pontiac Place and Jackson Avenue in the Melrose section of the South Bronx, a new building application has been filed for a six-story mixed-use building with ground floor retail and community space.
Per The New York Times, Sorgente Group is converting the five-story commercial loft building at 60-66 White Street, in Tribeca, into eight luxury units. Interior work is underway, and the building will be renovated to environmentally friendly standards. Multiple units are already in contract, and completion is expected by 2016.