Normandy Real Estate Partners and Princeton Holdings LLC have acquired the 160,000 square-foot low-rise industrial property at 333 Johnson Avenue in East Williamsburg for $26.75 million. The complex will be converted into a mixed-use commercial complex, featuring offices and retail. DNAinfo also reports the inclusion of a 40,000 square feet of outdoor space, and completion is expected in early 2016.
Architecture firm Stephen B Jacobs Group has filed a new building application for a 21-story residential project at 145 Madison Avenue between 32nd and 33rd Streets in Midtown South.
Ocean Bay Building Management has filed construction permits, reviving plans filed back in the summer of 2014, for their nine-story, 56-unit mixed-use building at 2126-2130 Ocean Avenue, in Madison (near the southern Midwood border). The building will measure nearly 53,100 square feet and includes a 510 square-foot community facility. Three two-story buildings were recently demolished to make-way for the project, and Building Consulting Engineering is the architect of record.
The Hudson Yards project has taken decades to get off the ground, but construction is well underway on the site’s first few buildings, with the superstructure for 10 Hudson Yards already making an impact on the skyline. While the Eastern railyards will be impressive in their own right, the Western railyards are a bit further down the development pipeline, but Related has created a new set of conceptual towers that illustrate their potential, posted in an update to the Hudson Yards website.
The concrete superstructure is taking shape for the futuristic William Vale hotel at 55 Wythe Avenue in Williamsburg, and it already looks as interesting as the rendering released last year.