Global real estate brokers Cushman & Wakefield appear to be on the hunt for a new owner or developer for a uniquely positioned assemblage in Bed-Stuy, Brooklyn. Located at 1215 Fulton Street, the T-shaped site offers frontage on both Halsey and Fulton Streets, with a sizable interior portion extending East between residential structures on both North and Southern boundaries.
Construction is now underway on a Phase I of a sprawling, mixed-use development in Coney Island, Brooklyn. Located at 1709 Surf Avenue, the complex will eventually deliver 1,000 residential units, 150,000 square feet of retail space, and around 80,000 square feet of office area.
Construction at 282 Elbert Street in Bushwick, Brooklyn has nearly wrapped following some minor scheduling delays earlier this year. The project was originally anticipated to be complete this past summer.
Permits have been filed for a new six-story residential building at 670 Union Street, in the Brooklyn neighborhood of Gowanus. The site is between 4th Avenue and 5th Avenue, and sits half a block away from the Union Street subway on the R train. The new structure will rise from a lot that is currently home to a pair of two-story buildings, 670A and 670B Union Street, and William Caleo of 668-670 Union LLC is listed as the developer.
The Brooklyn Navy Yard Development Corporation (BDNYC) has announced the successful acquisition of $42 million in financing for the renovation of “Building 127.”