New York

100 Secatogue Avenue

42-Unit Rental Building At 100 Secatogue Avenue Approved For Tax Breaks, Farmingdale

The Nassau County IDA has approved tax breaks for the 42-unit, $8.1 million rental development planned at 100 Secatogue Avenue, in Farmingdale, a stone’s throw away from the LIRR station and two blocks from Main Street. According to Newsday, Cornerstone At Farmingdale, LLC, is developing, and ten percent of the residential units will be leased at below market rates. Construction is expected to begin this fall for a summer 2016 completion, although a two-story commercial building must first be demolished.




75 Ralph Avenue

Six-Story, 57-Unit Residential Building Tops Out At 75 Ralph Avenue, Bedford-Stuyvesant

In April 2014, YIMBY reported on filings for a six-story, 57-unit residential building at 75 Ralph Avenue, in eastern Bedford-Stuyvesant, and then we revealed renderings of the project the following April. Today, the the 38,240 square-foot structure is topped out, and façade installation appears imminent, per Brownstoner. Charles Mallea is designing, and the project is located three blocks from the Gates Avenue stop on the J/Z trains. Velocity Framers USA is developing, and completion is likely by 2016.


581 Fourth Avenue

The Daten Group Planning 12-Story, 65-Unit Condo Building At 581 4th Avenue, Park Slope

Late last year, YIMBY brought you news of Rabsky Group’s 12-story, 129-rental-unit building planned at 581 Fourth Avenue, in South Slope, and then renderings surfaced of the Karl Fischer-designed structure over the summer. Now, The Daten Group is paying $24 million for the assemblage, and the 12-story building will instead have 65 condominiums. Kutnicki Bernstein Architects is replacing Fischer, and demolition of the existing low-rise structures at 575-581 4th Avenue and 189-195 Prospect Avenue will begin in the fall. The original permits also included nearly 2,400 square feet of retail space. [The Real Deal]


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