MGM Property Group

1873 Starr Street/176 Woodward Avenue, rendering by Aufgang Architects

New Developers To Build Five-Story, 130-Unit Residential Project At 1873 Starr Street, Ridgewood

11:00 am on March 21, 2016 By Reid Wilson

In October of 2015, YIMBY reported on applications for a five-story, 130-unit residential building at 1873 Starr Street, in western Ridgewood, located five blocks from the Jefferson Street stop on the L train. Now, Slate Property Group has sold the development site to Valyrian Capital and MGM Property Group for $18.5 million, according to Real Estate Weekly. The new owners plan to move forward with the approved project, which measures 141,929 square feet in total and will include 5,009 square feet of ground-floor retail space along with 3,000 square feet of community facility space. The apartment units should average 650 square feet apiece, with 45 of them to be rented at below-market rates. Amenities include a gym, a roof deck, a laundry room, and a garage for 64 bikes and 65 cars. Aufgang Architects is designing the building.

64 East 1st Street

Six-Story, Six-Unit Condominium Project Tops Out At 64 East 1st Street, East Village

1:00 pm on February 24, 2016 By Reid Wilson

In April of 2014, YIMBY reported on applications for a six-story, six-unit residential building at 64 East 1st Street, in the East Village, and construction began began on the project in August of 2015. EV Grieve now reports the structure has topped out. It now stands 60 feet above street level and measures a total 14,884 square feet. Each floor will contain a single condominium, except the ground-floor unit will have to share the floor with the residential lobby, and the sixth-floor unit will actually be a duplex apartment featuring a seventh-floor penthouse and private terrace. On average, the units will measure 2,183 square feet apiece. Dubbed 64 East, GF55 Partners is the designing the project and MGM Property Group is developing it. Completion can probably be expected later this year.

64 East 1st Street

Six-Story, Six-Unit Residential Project Rises At 64 East 1st Street, East Village

11:00 am on October 27, 2015 By Reid Wilson

Last summer, construction kicked off at 64 East 1st Street, in the East Village, where MGM Property Group and Ekstein Development are building a six-story, six-unit residential building, and now steel-frame construction is up to the third floor, according to EV Grieve. The full-floor condominiums, which average 2,185 square feet, will have two-bedroom configurations and outdoor terraces. GF55 Partners is designing, and completion is expected in 2016.

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