Last week YIMBY revealed the 12-story, 68-unit residential building Greystone is planning at 225 4th Avenue, in Park Slope, and now the developer has found a tenant for the adjacent two-story Brooklyn Lyceum at 227 Fourth Avenue. According to The Wall Street Journal, Blink Fitness has leased 16,700 square feet in the landmarked building, which will undergo a restoration. The air rights over the Lyceum will be transferred to the neighboring project, and opening of the gym is slated for 2016.
Home Buyers Investors has filed applications for a four-story, four-unit residential building at 273 14th Street, in southern Park Slope, six blocks from the 4th Avenue and 9th Street stops on the F/G and R trains, respectively. The building will measure 5,035 square feet, which means units will average 1,260 square feet. Issac &Stern Architects is designing, and an existing 3.5-story, two-unit townhouse must first be demolished.
In January, Greystone snapped up a vacant lot next to the landmarked Brooklyn Lyceum in Park Slope for $13,500,000, and now YIMBY has the first look at the 12-story rental building planned for the site at 225 4th Avenue.
Brownstoner reports the three contiguous properties spanning 626-630 5th Avenue, in Park Slope, are being redeveloped into 26 to 28 residential units by their new owner, George Malafis. His development plans have not yet been filed with the DOB, but the existing buildings rise three stories and amount to 22,500 square feet. The current retail tenant is expecting to move out in the coming weeks.
Boaz Gilad’s Brookland Capital is one of the most prolific small condo developers in Brooklyn, with projects under construction from the Williamsburg waterfront all the way down to East Flatbush. Now they’ve ventured away from Bed Stuy and Crown Heights and into more established condo territory with a development at 15th Street and 4th Avenue in Park Slope.