The redevelopment of the Dime Savings Bank in Williamsburg, Brooklyn, will result in one of the neighborhood’s tallest buildings, and today YIMBY has fresh renderings for the project, designed by Fogarty Finger Architects. Yesterday, The Real Deal reported that Charney Construction & Development and Tavros Capital Partners have acquired a $150 million loan to fund construction and renovation work on the historic bank and new 22-story tower. The developers purchased the site in March of 2016 for $80 million.
Lenox, a new residential building at 207 Van Vorst Street, is opening its door for tenants in Jersey City’s historic Paulus Hook. The neighborhood is near the Hudson River, and sits across from Manhattan’s Downtown skyline.
YIMBY has the scoop on a six-story mixed-use building coming to 625 Driggs Avenue, in Williamsburg, Brooklyn. The project is in one of the most active areas of the neighborhood. The Bedford Avenue Subway Station is five blocks away, which is the first stop in Brooklyn for the L train, and the East River waterfront is another five blocks to the west. Redsky Capital, whose business is a three-minute walk from the site, will be responsible for development.
Today YIMBY has the reveal for 111 Willow Avenue, an attractive new development coming to The Bronx’s booming Port Morris neighborhood, by Newman Design Architects. The industrial-inspired exterior takes influence from its surroundings. Residential and manufacturing buildings predominate in the vicinity, and the site is six blocks away from the Cypress Avenue Subway Station, serviced by the 6 train.
Permits have been filed for a six-story residential building at 957 Grand Street in East Williamsburg, Brooklyn. The site is three blocks away from the Grand Street Subway Station, serviced by the L train. Right past the Subway Station is an active avenue of stores, restaurants, and bars. Mures Corporation will be responsible for the development.