Development is on fire in the Mott Haven section of the South Bronx, but yesterday’s filings brought the largest ground-up project the neighborhood has seen in decades. Williamsburg-based builder Cheskel Schwimmer filed new building applications for a 25-story residential development at 198 East 135th Street, next the Major Deegan Expressway, the Park Avenue Bridge, and the Third Avenue Bridge.
Rockrose closed on $270 million worth of financing last month for its two-tower, 974-unit development at 43-25 Hunter Street in Long Island City, and now the complex is rising fast near Court Square and Sunnyside Yards.
Shlomo Sinay, head of Borough Park-based Candor Capital, has filed applications for a four-story, 10-unit residential building at 568 Lafayette Avenue, in western Bedford-Stuyvesant, half a block from the G train’s stop at Nostrand Avenue. The building will measure 6,661 square feet in total, and units will average a rental-sized 666 square feet; two units on the fourth floor will also share a fifth floor penthouse. Boaz Golani’s Bronx-based BMG Design Build is the architect of record, and an existing four-story, three-unit townhouse must first be demolished.
Jamaica’s housing market is slowly recovering, and the latest sign of new growth comes in the form of a six-story apartment building planned at 153-11 90th Avenue, between Rufus King Park and Parsons Boulevard in downtown Jamaica.
Sanjana Shiraz, operating under an anonymous LLC, has filed applications for a three-story, six-unit residential building at 438 Humboldt Street, in northern Williamsburg, four blocks from the L train at Graham and Metropolitan avenues. The building will total 9,936 square feet, and units will be split up two per floor, except the top-floor units, which will also share a mezzanine level. Condominiums are likely planned, as units will average a relatively spacious 1,656 square feet apiece. New Jersey-based Schneider Associates is the applicant of record, and a three-story townhouse must first be demolished.
