New York



239-245 Ocean Parkway

Renovation Planned for Apartment Buildings at 239-245 Ocean Parkway, Kensington

BCB Property Management has acquired two four-story apartment buildings spanning 239-245 Ocean Parkway, in northern Kensington, for $10.3 million, reports the Commercial Observer. The buildings have 32 residential units, half of which are rent-stabilized. The other 16 units are vacant. The new owner plans to renovate the buildings.



28 Liberty Street, proposed southeast corner. Credit: SOM

Landmarks Wants Re-Think of Re-Development At 28 Liberty Street

In 2013, Fosun International Ltd. bought One Chase Manhattan Plaza. They have re-branded it as 28 Liberty Street and now they want to re-develop the landmark. The proposal includes ground floor retail and major changes to the plaza, and was presented to the Landmarks Preservation Commission on Tuesday, but the commissioners had issues. So, the team will have to re-work their plan before they get the go-ahead.

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