Per The Real Deal, the Salvation Army has sold the development site spanning 176-180 Bedford Avenue, in northern Williamsburg, to Thor Equities for $36.1 million, which equates to $2,500 per square-foot. The site boasts 14,400 square feet of building potential, and undisclosed construction plans will almost surely include a large retail component.
A low-slung brick building at 555 Graham Avenue in Greenpoint is about to get a very unusual and glassy update, along with two extra floors of apartments.
Plans were filed yesterday to build a seven-story, 38-unit apartment building at 1930 Bedford Avenue between Fenimore and Hawthorne Streets in Prospect Lefferts Gardens.
Applications have been filed for a three-story, three-unit residential building measuring nearly 5,300 square feet at 1448 57th Street, in southern Borough Park. Horia E. Iuonas is the architect of record, and an existing two-story structure must first be removed.