Over a year ago, YIMBY reported on filings for a seven-story, 75-unit residential and retail development at 84 North 3rd Street, in northern Williamsburg. Now, Hudson Companies has landed $47 million in loans to acquire the land and to fund their development, which spans 84-94 North 3rd Street and 112-125 Metropolitan Avenue. The project will actually be two buildings totaling 95 residential units, with 20% set aside for affordable housing, according to Commercial Observer. One building will be six stories and the other seven, and 15,000 square feet of ground-floor retail is expected. Marvel Architects is designing, and ABS Partners Real Estate owns a 50% stake in the property. Completion is slated for late 2017.
John Quadrozzi Jr., owner of the Gowanus Bay Terminal, at 699 Columbia Street in Red Hook, is proposing to sail the deteriorating 990-foot-long S.S. United States to his dock and transform the ship into office space and entertainment facilities, according to The Brooklyn Paper. The vessel has 12 decks and roughly 500,000 square feet of usable floor space, and would be self-sustaining, energy-wise, using solar, wind, and waste energy. The project could cost as much as $200 million, and Quadrozzi is currently in discussions with developers, investors, and government officials.
Rey Nieto, head of a Queens-based LLC, has filed applications for a four-story, 10-unit mixed-use building at 164-11 Highland Avenue, in Jamaica Hills, six blocks from the E and F trains’ stop at Parsons Boulevard. The building will measure 12,427 square feet in total, which includes a 3,094 square-foot community facility on the basement level. Residential units above will average 933 square feet. Fei Zeng’s Flushing-based Z&T Engineering is the applicant of record, and demolition on an existing two-story home began earlier this month.
Six Sigma is in contract to purchase the six-story commercial building at 517-523 West 29th Street, in West Chelsea, for $54 million, and plans to redevelop the property. The existing building is being used as a self-storage facility and measures 55,000 square feet, although the site carries 19,000 square feet of unused development rights. The exact details on the redevelopment have not been disclosed, per The Real Deal.
There is a plan in the works that would drastically change West 29th Street between Broadway and Fifth Avenue. It involves six buildings in total, including two individual landmarks, and includes one 64-story mixed-use tower. The plan, being developed by HFZ Capital and the Collegiate Churches of New York, was presented to the Landmarks Preservation Commission on Tuesday. Members of the public testified, but by the time that happened, it was about 6 p.m. and, not having a quorum, no action was taken and the matter was tabled.