Williamsburg

159 North 3rd Street

Renovations Planned at Two-Story, 27-Unit Mixed-Use Building at 159 North 3rd Street, Williamsburg

10:00 am on May 5, 2016 By Reid Wilson

Redsky Capital is planning to conduct renovations on the two-story, 27-unit mixed-use building at 159 North 3rd Street and 158-170 North 4th Street, in Williamsburg, located four blocks from the Bedford Avenue Station on the L train. The property owner recently secured a $19 million loan to refinance debt and to fund the project, according to Commercial Observer. Ground-floor retail space totals 48,860 square feet, while 27 rental apartments currently spread across 25,510 square feet of residential space on the second floor. Roughly 21,000 square feet of retail is vacant, although the entire block-thru building is expected to receive renovations and upgrades. Current retailers in the building include a Foodtown supermarket, and the restaurants Umani Burger, Sweetgreen, and by CHLOE.

131 Devoe Street

Five-Story, 10-Unit Residential Building Planned at 131 Devoe Street, Williamsburg

3:00 pm on May 4, 2016 By Reid Wilson

Steven Ferguson, doing business as an anonymous Brooklyn-based LLC, has filed applications for a five-story, 10-unit residential building at 131 Devoe Street, in northern Williamsburg, located around the block from the Graham Avenue stop on the L train. The structure will encompass 20,008 square feet, and its residential units should average 996 square feet apiece, which means condominiums are probably in the works. Amenities listed in the Schedule A include a fitness center, a bike storage room, a parking garage on the ground floor, and a roof terrace. Midtown East-based Eisner Design is the architect of record. The 50-foot-wide assemblage – spanning 131-133 Devoe Street – is currently occupied by two two-story houses.

11 Conselyea Street

Four-Story, Seven-Unit Residential Project Planned at 11 Conselyea Street, Williamsburg

1:00 pm on May 3, 2016 By Reid Wilson

Property owner Patrick Moses is following up on applications originally filed in 2013 for a four-story, seven-unit residential building at 11 Conselyea Street, in northern Williamsburg, located two blocks from either the Metropolitan Av. or Lorimer St. stops on the G or L trains, respectively. The new structure will measure 6,499 square feet, and its residential units should average 714 square feet apiece, indicative of rental apartments. Both apartments on the fourth floor will also feature space – bedrooms, specifically – on the building’s upper penthouse level. Astoria-based Christopher V. Papa is the architect of record. Demolition permits were filed in 2015 to raze the site’s existing three-story townhouse.

59 South 4th Street

Construction Wraps on Six Four-Story Townhouses at 51-59 South 4th Street, Williamsburg

1:00 pm on April 13, 2016 By Reid Wilson

Back in July of 2015, six four-story, single-family townhouses – located at 51-59 South 4th Street, in Williamsburg, two blocks in from the East River – were two stories above street level and rising. Now, the project, dubbed the Townhouses of Wythe Lane, have topped out and are nearing completion, Brownstoner reports. Four of the townhouses will measure 3,714 square feet each, one will measure 4,088 square feet, and the last will encompass 4,471 square feet. Each residence will feature private underground parking and over 1,000 square feet of private outdoor rooftop space. KUB Capital is both developing and designing in-house, with SZ Projects aiding in the design process. Occupancy can likely be expected within the next few months.

314-326 Wythe Ave

Flank Purchases Mixed-Use Development Assemblage at 314-326 Wythe Avenue, Williamsburg

10:00 am on April 12, 2016 By Reid Wilson

Last week, Chelsea-based developer and design firm Flank acquired the development assemblage at 41-53 South 3rd Street, in Williamsburg, and now the firm is purchasing another assemblage of properties two blocks to the north. Frank is paying $21.6 million for the two-story building at 70 Grand Street, the corner lot at 72 Grand Street, and the single- and two-story buildings at 314-326 Wythe Avenue, according to the Wall Street Journal. The property assemblage could accommodate 26,904 square feet of new development if the current structures are demolished. Current plans call for the renovation of some of the buildings, in addition to the construction of new ones (which means something is likely to be demolished). The program will include residential units, office space, and retail.

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