Brooklyn

New Renderings Released For 625 Fulton Street in Downtown Brooklyn

8:00 am on January 6, 2024 By Michael Young and Matt Pruznick

New renderings have been released for 625 Fulton Street, a 35-story mixed-use skyscraper that currently stands topped out in Downtown Brooklyn. Designed by Fischer Rasmussen Whitefield Architects and developed by Rabsky Group with $450 million in construction financing from Madison Realty Capital, the 500-foot-tall structure will yield 1,098 rental units, 26,000 square feet of retail space on the lower levels, and an on-site parking garage for 250 vehicles. Galaxy Developers is the general contractor for the property, which is alternately addressed as 485 Hudson Avenue and bound by the 34-story 80 DeKalb Avenue to the north, Fulton Street to the south, Rockwell Place to the east, and Hudson Avenue to the west.

SCALE Lending Finalizes $46 Million Bridge Loan for Arris Grand in Clinton Hill, Brooklyn

7:30 am on January 6, 2024 By Max Gillespie

SCALE Lending, the debt financing division of Slate Property Group, has finalized a $46 million bridge loan for Arris Grand, a recently completed nine-story residential building at 982-998 Fulton Street in Clinton Hill, Brooklyn. The loan will be utilized to pay off the existing construction loan and support the lease-up phase of the multifamily building.

Housing Lottery Launches for 689 Franklin Avenue in Crown Heights, Brooklyn

7:00 am on January 6, 2024 By Vanessa Londono

The affordable housing lottery has launched for 689 Franklin Avenue, a four-story mixed-use building in Crown Heights, Brooklyn. Designed by L&C Associates and developed by David Manesh of Two Lot LLC, the structure yields eight residences. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $80,572 to $198,250.

Permits Filed for 257 Kings Highway in Gravesend, Brooklyn

6:30 am on January 6, 2024 By Vanessa Londono

Permits have been filed for a four-story school building at 257 Kings Highway in Gravesend, Brooklyn. Located between West 8th Street and West 9th Street, the lot is one block from the Kings Highway subway station, serviced by the N train. Yecheskel Halberstam of Applied ABC is listed as the owner behind the applications.

16 Dupont Street Tops Out Over Greenpoint, Brooklyn

8:00 am on January 5, 2024 By Michael Young and Matt Pruznick

Construction has topped out on 16 Dupont Street, a 40-story residential tower in Greenpoint, Brooklyn‘s 22-acre Greenpoint Landing master plan. Designed by GKV Architects and developed by Rockefeller Group and Park Tower Group, the 400-foot-tall structure will span 365,651 square feet and yield 381 rental units, with 115 reserved for affordable housing, as well as 2,548 square feet of ground-floor retail space and 138 enclosed parking spaces. Monadnock Construction is the general contractor for the property, which is located at the intersection of Dupont, West, and Commercial Streets.

Permits Filed for 1009 Decatur Street in Bushwick, Brooklyn

6:30 am on January 5, 2024 By Vanessa Londono

Permits have been filed for a five-story residential building at 1009 Decatur Street in Bushwick, Brooklyn. Located between Broadway and Bushwick Avenue, the lot is near the Chauncey Street subway station, serviced by the J and Z trains and Wilson Avenue, serviced by the L train. Chiem Sachs of Firerush LLC is listed as the owner behind the applications.

Permits filed for 133 Sutter Avenue in Brownsville, Brooklyn

6:30 am on January 4, 2024 By Vanessa Londono

Permits have been filed to expand a two-story structure into a four-story residential building at 133 Sutter Avenue in Brownsville, Brooklyn. Located between Legion Street and Saratoga Avenue, the lot is near the Saratoga Avenue subway station, serviced by the 2, 3, and 4 trains. Mohsin Devjiyani is listed as the owner behind the applications.

Renderings of new bike lanes on Queens Boulevard, courtesy of the New York City Department of Transportation

Mayor Adams Announces $30 Million for Queens Boulevard Safety Improvements

7:00 am on January 2, 2024 By Max Gillespie

New York City Mayor Eric Adams has announced the award of nearly $30 million in federal funding for safety improvements along Queens Boulevard in East Flatbush, Brooklyn. This grant, part of the “Safe Streets and Roads for All” program, will be funded through the approximately $1 billion in federal infrastructure funding that has been secured under the Adams administration.

Renderings Revealed for The Shoreline at 2230 Cropsey Avenue in Bath Beach, Brooklyn

6:30 am on January 2, 2024 By Vanessa Londono

New renderings have been unveiled for The Shoreline, a 31-story residential building at 2230 Cropsey Avenue in Bath Beach, Brooklyn. Developed by Cropsey Partners LLC and designed by Hill West Architects with interiors by Whitehall Interiors, the waterfront tower is nearing completion and will yield 248 market-rate residences with Corcoran New Development handling marketing and leasing. Move-ins are scheduled to begin in January 2024.

Fulton Residences Completes Construction at 1079 Fulton Street in Clinton Hill, Brooklyn

7:30 am on January 1, 2024 By Michael Young and Matt Pruznick

Construction is complete on The Fulton Residence, a seven-story residential building at 1079 Fulton Street in Clinton Hill, Brooklyn. Developed by New Start Development, which purchased the property for $10.25 million, the project involved the conversion of a vacant homeless shelter into a rental apartment building spanning 26,000 square feet and yielding 30 units in studio- to two-bedroom layouts with an average scope of 867 square feet. Mabe Group, Inc. served as the general contractor for the development, which is located at the corner of Fulton Street and Classon Avenue.

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Brooklyn

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