Following approvals from New York City’s Department of Buildings, Yedid Builders is expected to begin construction soon on a new five-story residential property in Wingate, Brooklyn. Located at 648 Midwood Street, the building will yield 7,913 square feet including ten individual units.
Excavation work for the foundations of 159 Broadway in Williamsburg, Brooklyn is nearing completion. Excavators have extracted a large amount of dirt from the property, which sits directly next to the 144-year-old landmarked Williamsburgh Savings Bank. The 26-story mixed-use residential project, which is designed by Stonehill & Taylor Architects and developed by Cornell Realty Management LLC, will yield 133,340 square feet and stand 277 feet tall.
Construction has kicked off at 1475 41st Street, where developers have gained approvals to expand and repurpose an existing four-story building into a new school. Located on an 8,000-square-foot corner lot in Borough Park, Brooklyn, the school is expected to debut by September 2020 and will top out at seven stories.
The installation of the outside envelope on all levels of “The Dime” in Williamsburg, Brooklyn is nearing the finishing mark. The topped-out, 23-story mixed-use complex is located at 209 Havemeyer Street and stands close to the elevated Marcy Avenue subway station. Fogarty Finger Architecture is in charge of designing the new building, which rises behind the 111-year-old, landmarked Dime Savings Bank, while Charney Construction & Development and Tavros Holdings are developing the 350,000-square-foot complex. Douglas Elliman is handling leasing, JLL is the commercial broker, and Ripco is handling the retail component.
Construction has topped out on 329 Broadway, a 17-story mixed-use residential tower in Williamsburg, Brooklyn. Designed by Syndicate Architecture and developed by Parkview Management, the 195-foot-tall structure contains 175,000 square feet of newly built space. The development will feature 63 units, more than 59,000 square feet of retail area on the first two floors, and around 24,500 square feet of community facilities on the third and fourth floors. JLJ Capital recently provided $57 million in financing for the project.