Rents along Franklin Avenue in Crown Heights are heating up fast, and new residential construction is finally starting to catch up. YIMBY discovered this rendering on the fence at 730 Franklin Avenue, where a six-story apartment building is in the works.
Last fall, YIMBY revealed four new brick townhouses at 127-131 South 1st Street in Williamsburg, and now excavation has begun at the site between Berry Street and Bedford Avenue.
Developer Investmates Real Estate is building townhouses in South Williamsburg, rentals on Grand Street, and now condos in Greenpoint. They’ve sent along renderings of their latest project, a five-story condo development at 78 Freeman Street, only a block from the East River between Franklin and West Streets.
Alloy and Monadnock Development’s One John Street condos are rising quickly along the Dumbo waterfront in Brooklyn Bridge Park, already reaching 10 stories, after rising out of the ground only earlier this year.
Fortis Property Group is moving forward with their plans to convert Long Island College Hospital’s Cobble Hill buildings to residential, and now they’ve filed an application to renovate the landmarked Polhemus Building at 350 Henry Street into apartments.