Brooklyn

275 4th Avenue

New Developer Finances 11-Story, 44-Unit Condo Project At 275 Fourth Avenue, Park Slope

Last month, Slate Property Group and Adam America Real Estate sold their development site at 275 Fourth Avenue/251 1st Street, in Park Slope, to Chinese developer Vanke, according to Commercial Observer. An 11-story, 44-unit condominium project is planned, and 5,547 square feet of retail and community space is expected on the ground floor. The new developer has also landed a $33.2 million construction loan and expects to complete the building in Q3 2016. Sales should launch in early 2016 and ODA Architecture is designing.


272 Jefferson Street

Four-Story, Four-Unit Residential Building Planned At 272 Jefferson Street, Bushwick

Neighborhood Restore HDFC has filed applications for a four-story, four-unit residential building at 272 Jefferson Street, in northern Bushwick, located two blocks from the L train’s stop at Jefferson Street. It will measure 5,496 square feet, which means full-floor units will average a spacious 1,374 square feet apiece. Suzanna Tharian’s Greenwich Village-based Stat Architecture is the applicant of record, and an existing single-story garage must first be demolished.


1416 49th Street

Four-Story, Eight-Unit Residential Building Planned At 1416 49th Street, Borough Park

A Borough Park-based LLC has filed applications for a four-story, eight-unit residential building at 1416 49th Street, in central Borough Park, located three blocks from the D train’s stop at 50th Street. It will measure 8,778 square feet in total, which means units will average 1,097 square feet apiece. Ruslan Goychayev’s Brooklyn-based RSLN Architecture is the architect of record, and permits were filed in September to demolish an existing two-story house.


97 Lynch Street

Four-Story, Two-Unit Residential Building Planned At 97 Lynch Street, Williamsburg

David Blum, doing business as an anonymous LLC, has filed applications for a four-story, two-unit residential building at 97 Lynch Street, in southern Williamsburg, located five blocks south of the Hewes Street stop on the J and M trains. It will measure 5,443 square feet, which means units will average a very spacious 2,722 square feet apiece. Combined with relatively high ceilings, high-end townhouse units are likely. Bahram Tehrani’s Jamaica-based BTE Design Services is the applicant of record, and the site’s old two-story building was demolished in 2006.



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