Developers flocked to Ocean Avenue in Brooklyn during the years following World War I, and after decades of decline, builders have finally returned to the broad, tree-lined thoroughfare. The latest new building planned there is 1704 Ocean Avenue, a seven-story residential development between Avenue L and Avenue M in Midwood.
Construction started early last year on 44-41 Purves Street, in Long Island City, where the Rabsky Group is developing a 26-story, 284-unit residential building, and the structure’s façade installation is now complete, per The Court Square Blog. The building will measure nearly 210,000 square feet, with units averaging a (typically) rental-sized 740 square feet. Salamon Engineering Group is the architect of record, and the project should open by the end of this year.
Last summer, YIMBY reported on new building applications for the vacant lots at 73-79 Bond Street, in Boerum Hill, where Adam America Real Estate is planning five single-family townhouses. Now, renderings of the project have been revealed by The New York Times. The townhouses will average 4,100 square feet over six floors, which include two below grade and four above grade levels. Ben Hansen is designing, and completion is expected by the end of 2016.
Crown Heights has some of the fastest rising rents in all of Brooklyn. It’s gentrifying at a rate that merited two New York Times real estate section features in the last year, neither of which could resist mentioning riots that occurred 24 years ago. At the same time, new development is sweeping across the area, concentrated at the western edge between Washington and Nostrand Avenues.
Steven Goldschmied, of GPS Capital, has filed applications for a four-story, eight-unit residential building at 378 Harman Street, in northern Bushwick, two blocks from the Knickerbocker Avenue stop on the M train. The building will measure 5,410 square feet, which means units will average a rental-sized 675 square feet. Julien Flander is the applicant of record, and the lot is currently vacant.
