Back in November, Chinese developer Vanke acquired the 11-story, 44-unit condominium project at 275 Fourth Avenue (a.k.a 251 First Street), in Park Slope, located four blocks south of the Union Street stop on the R train. Now the building is taking shape, as seen in an update via Curbed NY. The 82,045-square-foot project will include 4,273 and 335 square feet of retail and medical space, respectively, on the ground floor. On the floors above, residential units will come in two-, three-, and four-bedroom residential units, averaging 1,368 square feet apiece. Amenities will include a roof deck, an entertainment space, children’s playroom, and a gym. ODA New York is behind the design and completion is expected later this year.
Stories are rising fast at Franklin Avenue and Dean Street in Crown Heights, where a glassy, loft-style rental is replacing part of a 19th century brewery.