Riverside Developers


Diagram of the eastern side of 43 Franklin Avenue. image via DCP

Community Board Rejects Proposed Two-Building, 296-Unit Bedford-Stuyvesant Residential Project

Community Board 3 has voted against Riverside Developer USA’s plans for two residential buildings, proposed to contain a total of 296 apartments, at 376 Flushing Avenue and 43 Franklin Avenue, in the northwestern corner of Bedford-Stuyvesant. The building on Flushing would rise eight stories and measure 176,671 square feet, while the one on Franklin would rise six stories and measure 126,839 square feet. Thirty percent, or 88 apartments, are set to rent at below-market rates through the housing lottery to families making 80 percent of the area median income, or AMI.


376-378 Flushing Avenue. image via DCP

First Look: Two-Building, 296-Unit Residential Project on Flushing Avenue Near Brooklyn Navy Yard

Two South Williamsburg-based investors hope to rezone three industrial properties in northern Bedford-Stuyvesant to make way for a large residential project with nearly 300 apartments spread across two buildings. Today we have the first look at the development, which will rise near the Brooklyn Navy Yard at 376-378 Flushing Avenue and 43 Franklin Avenue.

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55 Wythe Avenue

Opening Imminent for 23-Story, 183-Key William Vale Hotel at 55 Wythe Avenue, Williamsburg

Things are moving along swiftly at a new hotel in Brooklyn. Construction is complete on the 23-story, 250-foot-tall mixed-use building — which YIMBY has been chronicling the construction of since its superstructure began to rise in early 2015 — at 55 Wythe Avenue, located between North 12th and 13th streets in northern Williamsburg. The 183-key boutique hotel, dubbed The William Vale, is expected to open later this month, Curbed NY reported. The hotel rooms will be located on the 11th through 21st floors. The 248,000-square-foot structure boasts 19,257 square feet of ground-floor retail and restaurant space, followed by 35,678 square feet of medical office space on the fifth through ninth floors. The complex will be accommodated by a 210-car parking garage, a pedestrian plaza, a slew of amenities on the second through fourth floors, a restaurant on the 22nd and 23rd floors, and a 15,000-square-foot roof terrace. Zelig Weiss and Riverside Developers co-developed the project, and Aldo Liberis served as the design architect. The Nassau Avenue stop on the G train is seven blocks away.


55 Wythe Avenue

21-Story, 183-Key Hotel Project Tops Out At 55 Wythe Avenue, Williamsburg

YIMBY has closely followed the construction of the 21-story, 183-key hotel underway at 55 Wythe Avenue, in Williamsburg, and now Brownstoner has news of the project’s topping out. Dubbed The William Vale, Zelig Weiss and Riverside Developers are developing, and Aldo Liberis is designing. A duplex presidential suite will occupy the top two stories, and 20,000 square feet of retail and restaurant space will span the ground floor. Glass façade is now also being installed on the lower half of the structure, and opening is expected in the spring of 2016.


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