Blesso Properties

YIMBY Checks in on 545 Broadway in Williamsburg, Brooklyn

YIMBY went to visit 545 Broadway in Williamsburg, Brooklyn, the site of a proposed 400,000-square-foot mixed-use building from Blesso Properties. Designed by Garrison Architects, the structure is planned to yield 100 residential units, commercial space, and a 15,000-square-foot roof deck. The developer purchased the property for $32.8 million five years ago, and it was last reported that the 27-story project will also utilize 190,000 square feet of air rights.

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Permits Filed for 2047 Ryer Avenue in The West Bronx

Permits have been filed for a thirteen-story apartment building at 2047 Ryer Avenue in West Bronx. Located two blocks away from main thoroughfare Grand Concourse, this site is also located between subway stations Tremont Avenue and 182nd-183rd Street, both serviced by the B and D. Responsible for the development is UA Builders Group.

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545 Broadway

10-Story, 36-Unit Mixed-Use Expansion Filed At 525-545 Broadway, Williamsburg

Back in August, Blesso Properties purchased the Lincoln Savings Bank building at 525-545 Broadway, in southern Williamsburg, and now the developer has filed applications to expand the 60,300 square-foot building by six stories and 38,000 square feet. The expanded building will have 53,403 square feet of commercial space, which will comprise both office and retail, in addition to a 6,212 square-foot day care on the ground floor. The project also includes 36 residential units, beginning on the fifth floor and averaging 1,075 square feet apiece. Garrison Architects is the architect of record.


525 Broadway

100-Unit Mixed-Use Project Planned At 525 Broadway, Williamsburg

Blesso Properties has acquired the former Lincoln Savings Bank building and the 13,000 square-foot parking lot at 525-545 Broadway, in southern Williamsburg, for $32.8 million; the site was placed on the market a year ago. According to Curbed, the assemblage includes 190,000 square feet of development rights, and a mixed-use building, with 100 rental units and a 15,000 square-foot roof deck is planned for the vacant lot. The existing 60,300 square-foot bank building will also be redeveloped, and the project is located right beneath the J and M trains’ Lorimer Street stop.


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