Permits have been filed by an anonymous LLC for a seven-story mixed-use building at 250 Lenox Road, in East Flatbush, Brooklyn. The site is four blocks away from the Church Avenue Subway Station, serviced by the 2 and 5 trains. Eight blocks away is the Parkside Avenue Subway Station, serviced by the Q train, at the Southeast corner of Prospect Park. The property was sold in mid-December of last year for $1.9 million.
The New York Daily News has broken news that Arker Companies and Two Trees will develop a sixteen-story mixed-income building at 120 3rd Avenue, in Boerum Hill, Brooklyn. This comes almost two years after the city announced a program focused on reutilizing thirty to forty New York City Housing Authority (NYCHA) locations around the city. Effectively, this means new structures rising up on undeveloped land generally used for recreation or, in the case of this newest announcement, two parking lots.
Permits have been filed for a new four-story residential building at 475 Grand Street, in the burgeoning blocks of Williamsburg, Brooklyn. The site is five blocks away from the Metropolitan Avenue Subway Station, serviced by the L and G trains. Southside Units will be responsible for the development.
Permits have been filed for a two-story hotel at 701 East 240th Street in Wakefield, The Bronx, a popular area for the typology in the borough. The site is a block away from the 241st Street Subway Station, the final stop for the 2 train. Chand White Plains LLC will be responsible for the development.
One of the most remarkable trends of 2018 has been the push of new development across Coney Island, and another day has brought yet another new condo project. Today we have the reveal for 271 Sea Breeze Avenue, officially dubbed Seabreeze Tower, which was purchased by Rybak Development in June of 2017.
